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Thread: Fibonacci Trading

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#487 (permalink)

10-23-2008, 02:45 AM

brad_1199

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Join Date: Sep 2005

Posts: 2,438

EURAUD Long Opportunity

EURAUD is finding Fib Support At The 38.2 Level And has pulled back beautifully to the 20 day Moving Average in an easily defineable Up Trend offering Bulls an entry for a move to new highs over the next month or so...

There is also now a confirmed candlestick reversal signal at the FIB Level as well to bolster the bullish case..

Bulls All Aboard.. Down Side Risk Can Now Be Contained To 1.8870

Last edited by brad_1199; 04-09-2009 at 12:10 AM..

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