EUR/USD is currently in a bear trap

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EUR/USD is currently in a bear trap

Hidden letter "M" pattern spotted on the EUR/USD 4 hour time frame on 10/25/2015.


Most traders are currently falling into a classic bear trap.

 
50% right 50% wrong.
 
Tan Phan Ngoc:
50% right 50% wrong.
Right answer
 
It looks like price starting to reverse today and continues to rise.
 

FOMC past data.


Do you see the pattern?

Based on this pattern, it's safe to assume, the rate will most likely remain to be <0.25%

Currently, there are no realistic reasons to believe USD interest rate will rise. Everything about the USD is fraud. That's the bottom line.

This is the main reason how I know the price of EUR/USD is in a bear trap.

Sep 17, 2015 <0.25% <0.25% <0.25%
Jul 29, 2015 <0.25% <0.25% <0.25%
Jun 17, 2015 <0.25% <0.25% <0.25%
Apr 29, 2015 <0.25% <0.25% <0.25%
Mar 18, 2015 <0.25% <0.25% <0.25%
Jan 28, 2015 <0.25% <0.25% <0.25%
Dec 17, 2014 <0.25% <0.25% <0.25%
Oct 29, 2014 <0.25% <0.25% <0.25%
Sep 17, 2014 <0.25% <0.25% <0.25%
Jul 30, 2014 <0.25% <0.25% <0.25%
Jun 18, 2014 <0.25% <0.25% <0.25%
Apr 30, 2014 <0.25% <0.25% <0.25%
Mar 19, 2014 <0.25% <0.25% <0.25%
Jan 29, 2014 <0.25% <0.25% <0.25%
Dec 18, 2013 <0.25% <0.25% <0.25%
 
Cuong Truong:

FOMC past data.


Do you see the pattern?

Based on this pattern, it's safe to assume, the rate will most likely remain to be <0.25%

Currently, there are no realistic reasons to believe USD interest rate will rise. Everything about the USD is fraud. That's the bottom line.

This is the main reason how I know the price of EUR/USD is in a bear trap.

Sep 17, 2015 <0.25% <0.25% <0.25%
Jul 29, 2015 <0.25% <0.25% <0.25%
Jun 17, 2015 <0.25% <0.25% <0.25%
Apr 29, 2015 <0.25% <0.25% <0.25%
Mar 18, 2015 <0.25% <0.25% <0.25%
Jan 28, 2015 <0.25% <0.25% <0.25%
Dec 17, 2014 <0.25% <0.25% <0.25%
Oct 29, 2014 <0.25% <0.25% <0.25%
Sep 17, 2014 <0.25% <0.25% <0.25%
Jul 30, 2014 <0.25% <0.25% <0.25%
Jun 18, 2014 <0.25% <0.25% <0.25%
Apr 30, 2014 <0.25% <0.25% <0.25%
Mar 19, 2014 <0.25% <0.25% <0.25%
Jan 29, 2014 <0.25% <0.25% <0.25%
Dec 18, 2013 <0.25% <0.25% <0.25%

 Actually I am targeting parity or even lower, depends on what happens at 1.08 and 1.05.

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