Also if we reach the 2.0 eur level that would be a H&S pattern formed at the 50% fib level... wat hung this carefully
smifflar
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After a triple wave cycle we have to now watch for a 2 wave cycle up to 50-61.8 fib levels for a potential trend reversal to a bear market... classic triple down double up would be change of market direction
Smilex563
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What is going to happen? Is it going up?
Thank you!
jimbo32010
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@Smilex563, We are the bottom of the channel after completing a correction wave, so it has a chance!