FOREX PRO WEEKLY January 06-10, 2014

Looks like market finally has reached 161.8% target after minimal retracement.

Hopefully now that market has hit 161.8%, it will give us a meaningful retracement in which we can search for SHORT possibilities.

Maybe this will happen?
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Hello

5 waves are done but I think we will get some more consolidation and ending diagonal is possible even more than impulse..

Break below last LL (pink B) might confirm 4 is in place but before NFP even tripple sideways is possible.

Good trading!

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15.11 CET

this is what I expect IF 1,35377 level remains just touched...

20140109_eurusd_M30_1511.jpg


16.50 CET

I think crucial move for further development is in progress; there are lots of possibilities if price remains above 1,35377..

20140109_eurusd_M30_1650.jpg
 
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Hello

I am back to long, 1,3618 would change my mind, if price goes directly down first...

Good trading!

20140110_eurusd_daily_1535.jpg


15.55 CET

20140110_eurusd_M30_1553.jpg


16.55 CET

I expect 1,3760 zone before retrace, will see, first sign of weakness is 1,3663...

20140110_eurusd_M30_1655.jpg
 
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