The power elite wants to clone everything, so here's a variant with the cloned left side. Why not? This scenario is only applicable if we see Break and Close below 1.1118 on a monthly basis (May?) Seeing in 4 years, EURUSD could stand at 1.4939.
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I'm looking for bullish variants. End of next week will be significant for the trip until the end of this year.
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For a better orientation in the EURUSD here a few words about the DXY: *** 62% Fib is @ 99.37 *** 26 months ago I posted a TA with the goal at 9889. (You can find this chart below under the comments). To date, this price mark was not reached! Current situation looks like this: Monthly Chart: Each box involves 3 months. So that the current box is full next to the April, I need 2 more months, so May and June. Looking forward, DXY can still finish the wave 4 and the wave 5 of the 5 of the C until June. But then I would expect falling prices until November-December 2019.
*** My Target down would be 89.92 but if until the end of 2019 or later the specified goal is reached remains to be seen. The upper thick red zone is "forbidden territory".
CONCLUSION: in June you can go EURUSD long ... The minimum-year target is @ 1.1731
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In the third line I have omitted a point, so instead of 9889 correct: 98.89
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Analog zu DXY - hier EURUSD
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I calculate with about the same distance as in the yellow box on the left ...
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The first Target at 1.1254 has been reached and now: should this week close below 1.1244, then an abc correction would be possible, which would be confirmed by prices below 1.1198. If so then for the next week, I would expect a weekly low (1.11506) and then go up... first to SMA 100. At the 1.1308 level, a temporary resistance can be found. This should be overcome, so we can go to 1.1382.
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