EUR/USD 130218

in forex •  7 years ago 

According to the harmonics of 1H I'm expecting a pull back to the 1.2330 - 1.2340 area. There's a good structure left, Fib 61.8% of the latest downswing and the current retrace completes 1:1 move to the upside. The 2nd leg seems to be losing strength and the angle is shallower compared to the first leg. The expectation is NSL (New Significant Low).EU 130218.png

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