Donajor8

Catching the move after the rebound #4

Largo
FX:EURAUD   Euro/Dólar Australiano
From 1.22 there’s a inverted hs
That low to the high we are currently at the .5 and .6 ratios

From the high to breakout candle the bulls stop the sale the .6 of that breakout.
Expansion that breakout we are currently at the .5 of it
From the 4hr median line we get a good representation of how price is moving in related to its slope
As price has a magnetic effects to its grouping a move outside of it median requires vol thus we can project any moving outside the median in any direction to the other direction as price moves in measured moves and ranges are magnetic and price desire such any ouset can be project as a target in the opposite direction
Hence
So the breakout at the high left the median line and returns at a max pip distance and time we can take that pip range and projected downward and what we have is the same expansion zone of the low inverted and from the high breakout all within agreement along with a impulse response to the zone as we seen recently. As nothing is random but collection with precision.

And as a golden rule when price appears to be doing nothing is doing a lot!! Don’t b fooled this something being unveiled on euraud.. keep that eye on it
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