EURUSD - Trends, Forecasts and Implications (Part 1) - page 106
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We are going up, I don't know why everyone wants to go down.
Crowd psychology is at work again.
It seems that the higher the price chart, the more chances to make a profit on the fall.
But in fact it's not so :).
As long as we don't break any key mark, the trend will continue.
Here's a variation on the 1.4806 level...
Here is a variation on the 1.4806 level...
Me, me, naturlich, I got 4808, put tp there as well.
Me, me, naturlich, I got 4808, put tp there too.
1.4806+-4%
1.4806+-4%
What have you been smoking today? +-4% of 1.4806 is the spread from 1.4213 to 1.5398... :)
What have you been smoking today? +-4% of 1.4806 is the spread from 1.4213 to 1.5398... :)
>> Well that's where it's supposed to go according to the timeline ))))))+/-4% is considered from the previous wave (1.4806-1.4761)/(1.4785-1.4761)=186.67
186.67*1.04=194.136 - this level can be excluded
186.67*0.96=179.20 - this level should be left.
It means that the price will be in the range from (1.4785-1.4761)*179.20+1.4761=1.4804
+/-4% is considered from the previous wave (1.4806-1.4761)/(1.4785-1.4761)=186.67
186.67*1.04=194.136 - this level can be excluded
186.67*0.96=179.20 - this level should be left.
It means that the price will be in the range of (1.4785-1.4761)*179.20+1.4761=1.4804.
I was wondering, is red figures on the chart represent the number of points of the passed wave?