Hello Dear Traders & Welcome To Growing Forex.
"ENTER SAFE "
On My Previous Post Of Elliott Wave Price Is Still In The Correction Unless It Break The 1.6000 Level.Considering Every Possible Data On The Euro & the Dollar Price Reached The Supply Zone & Is Headed Southwards For A Retracement Of Previous Low Of 1.0492 & High Of 1.0781 The Previous Pattern That Price Made Was 3 Rising Valley (3 Drive Pattern ) With ABCD Pattern That Signals That The Possible Reversal Is From Current High Of 1.0781 Not On A Longer Run.Thus Concluding A Possible Retracement Of 61.8% Or 23.6% (1.0620).Enter Your Trades At The Breakout Of The Rising Wedge Or More Aggressively At The Supply Zone Which Is Long Gone.Try Placing Your Buy Limits Once The Target Is Achieved From 61.8% Or 23.6%.On The Bigger Time Frame Price Is Making Numerous Chart Pattern Or Harmonic Chart Patterns But The Thing Is,What Pattern Suit Your Trading Strategy?
EVENTS TO FOLLOW :
1.Non Monetary Policy ECB Meeting (EUR) Wednesday 22-March-2017.
2.Fed chair Jannet Yellen's Speech (USD) Thursday 23-March-2017.
"CUT YOUR COAT ACCORDING TO CLOTH"
Good-Luck,
Regards,
Growing Forex.
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