Wednesday, August 30, 2017

euro close below 161.8% of quarterly fibbonacci

the euro rise for 29 august stop at 1.2069 below the second resistance of weekly pivot b four points
and the top of the day was at the half of the day exactly and the second twelve hours were descending, to make daily candle close as shooting star,it is not the typical shooting star but it is close yo it very much.
and the daily candle close below 161.8% of the qurterly fibbonacci which represent april,may,june months,at 1.1985
and the 161.8% level is very important and market respect it and the price should go down to 150% level at 1.1882 and let 's see what will happen


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