EUR/USD Bear Flag Pattern ๐ŸŒŸ Reaches 38.2% Fib of Wave 4 โ˜๏ธ

Dear Traders,

The EUR/USD made a bullish retracement towards the 38.2% Fibonacci retracement level as expected. The correction occured in a typical bear flag chart pattern and a new bearish continuation could occur when price breaks below the bear flag towards the 38.2% Fib at 1.15.

The GBP/USD is in a contracting triangle chart pattern and could stay volatile within this range.

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  • EUR/USD, GBP/USD technical analysis
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See the video below for all of the details

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Source:: EUR/USD Bear Flag Pattern ๐ŸŒŸ Reaches 38.2% Fib of Wave 4 โ˜๏ธ

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Elite CurrenSea
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Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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