I will seek entry around 1.09-1.095 after this ascending pattern forms a bearish order block to further confirm the sell off.
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Edit: 5/3/15
My harmonic was quite off in this chart. Live and learn.
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Edit: 4/29/15
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Re-evaluation of position at each blue pivot point.
I have no intention to purchase in the bottom green support zone but it is about as clear a long term target as I can see.
I know there are a lot of factors at play with any call this long in duration or scope. However, this simple technical concept does well to illustrate the compounding factors in the saga of the Euro and how it will remain a factor in the coming years as the market ebbs and flows.
//
Edit: 5/3/15
My harmonic was quite off in this chart. Live and learn.
//
Edit: 4/29/15
//
Re-evaluation of position at each blue pivot point.
I have no intention to purchase in the bottom green support zone but it is about as clear a long term target as I can see.
I know there are a lot of factors at play with any call this long in duration or scope. However, this simple technical concept does well to illustrate the compounding factors in the saga of the Euro and how it will remain a factor in the coming years as the market ebbs and flows.