Forex EUR/USD Daily Video, September 09, 2021

Sive Morten

Special Consultant to the FPA
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Good morning,

Obviously the ECB should make the day. Our B&B pattern is ready to use, although it is difficult to predict results because of ECB. On a daily chart the last word is not been said concerning downside action as well:

 
EURUSD_2021-09-09_16-15-27.png



thank you so much for your kind reply on youtube. sir my question is , as per fibo market miss 161.8% , miss monthly pivot , 50% retracement and all for few pips. its hit your mentioned level and jumped !!! i am feeling like a lost sheep , please guide me.
 
thank you so much for your kind reply on youtube. sir my question is , as per fibo market miss 161.8% , miss monthly pivot , 50% retracement and all for few pips. its hit your mentioned level and jumped !!! i am feeling like a lost sheep , please guide me.

Hi Jyotiprakash,
Well, 1.618 is not missed - you should choice a bit lower top for "A" point - the one from which downside action really is started.
Concerning missing of 50% and MPP - since we have K-support area and external event such as ECB, it happens sometimes, especially about MPP.
 
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