EURUSD fakeout move lower, easy buy zone @ 1.1209
- New Moon phase today, ends blow off moves.
- 360-day cycle extended from the prior major 2018 high
- Within the 49-day cycle, which Gann called the ‘Death Zone’, which ends blow off moves (exactly what the EURUSD is doing).
- Minor 6/8th harmonic at 1.1204 creates and sneaky but powerful reversal level.
- The RSI is at the lowest level since 2015
- long @ 1.1209 @ 1058 CST
- New Moon phase today, ends blow off moves.
- 360-day cycle extended from the prior major 2018 high
- Within the 49-day cycle, which Gann called the ‘Death Zone’, which ends blow off moves (exactly what the EURUSD is doing).
- Minor 6/8th harmonic at 1.1204 creates and sneaky but powerful reversal level.
- The RSI is at the lowest level since 2015
- long @ 1.1209 @ 1058 CST
Note
News is irrelevant - TIME is the cause for change.Trade closed: target reached
Target hit, profit taken.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.