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    MarcinO
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    I will just repeat my areas for the Euro, posted las week, without copying same charts: 1.0770-80, 1.0730, 1.0660.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    FX market, spot, opens flat.
    I wonder if the Euro continues down so as to show a substantial gap on futures charts.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    The Euro chose a supposed bearish correction instead. It's close to a nice PTA at 1.0855.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    What a shoppy price action... We need to wait till American open.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    At least the Pound is producing nice, smooth moves. My favorite area for supposed bullish W2 correction is around 1.4145.
    However, ABCD ending at 1.4210-20 is also an option.
    MA
    MarcinO
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    And there is a reaction off ABCD.
    MA
    MarcinO
    Rep: 67
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    1.4280 may stop the Cable.
    MA
    MarcinO
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    Just look at it! 50 pips off ABCD and still rising.
    10 points to 80s.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    The Euro close to low 50s.
    It will be a second backtest of key priceflow.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    Betting on failed ABCD, M1 TF, in the Pound seems a reasonable play now.
    RA
    rat89
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    Posts: 7,015
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    Click image for original size
    screen shot 2016 01 25 at 9 43 12 am png
    RA
    rat89
    Rep: 0
    Posts: 7,015
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    Click image for original size
    screen shot 2016 01 29 at 6 59 55 pm png