Online trading on Wave Theory (NIROBA method) - page 363
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The EUR might correct to 1.21 before a further rise, there are three strong support levels here:
two 50% and one 61.8% from the monthly time frame. If the price breaks through this support level, it could go
further down to 1.2050, there are two strong 61.8% Fibo levels at this price level, after which I expect
a further rise in Euro, at least to 1.2650. The picture is attached.
Can it still do that? Or is it no longer necessary?
I congratulate you! It is only the 80% drawdown that characterises your line as a "curve". By "straight" we mean the line with a reasonable drawdown of 20% or at most 30%.
The market is full of smart theorists giving out advices how to trade, you'd better show the "right" trading by your own example. ))
Is it still possible? Or not necessarily anymore?
The Euro is rising too fast, before the continuation of the further rise
)There should be a correction, maybe not as deep as I was expecting before. ))
R.S. I do not exclude a correction yet, but I am afraid to sell from these levels,
Better to wait and buy with take profit 1.26-1.27
One possible local option...what do you think?
One of the possible local options...What do you think?
The current Euro quote is 1.2365, I am waiting for correction to 1.2135, then growth to 1.26.
The current Euro quote is 1.2365, I expect a correction to 1.2135 and then a rise to 1.26.
That's a good one with humour, please attach the balance chart for today. Investors are waiting.
I would show you, but I do not claim to be a "master" of forex trading like you, who talks about thousands of percent a month. So I am modestly silent. I'd rather watch and learn from the "masters" of modern trading, as you do, if there is anything to learn, which I personally very much doubt. )))
Alexey I have the pound moving to 1.51 on H1, which on H4 corresponds to just over 61.8 on Fibo, and then where? To 1.38?
http://savepic.ru/1374256.gif
Alexey I have the pound moving to 1.51 on H1, which on H4 corresponds to just over 61.8 on Fibo, and then where? To 1.38?
https://www.mql4.com/go?http://savepic.ru/1374256.gif
It is very likely that the Pound could go from 1.4875 first to 1.46 and only then to 1.5050.