20191119 EURUSD in the Long Term!

Hi there,

So, some months ago i started to analyse this chart deeply. As usually happens at the beginning made the mistake of trying to figure out movement in Daily Charts. Not hard to follow and see what was going on but then after watching the Monthly and even the 12 Months chart (people these days are not usually use to see the big picture as back in the old 1930s), i started to see accumulation process in place.

So at 1M we have the Wyckoff Accumulation process. Somebody told me on twitter when i originally shared the idea that he also had hear of it. So i said to myself, im not that crazy after all jajaja. There's another guy as crazy as me!

Anyway. I started to do what i most like and it's to try to cipher the cycles, fractals or harmonics... markers which indicate the probability of change of courses in trends and when they would probably occur.

So, after seeing similarities, i came to what you see and kind of match at the end with the Accumulation process idea.

Right now we are on a small uptrend that actually began recently and it seems it could put price around 1.15 / 1.17 top and really top of it. For what i see in Volume profile its where probably will stop.

After that we will go back to the Demand Areas entering the Spring of accumulation.

So, You have the fractals marked with Cipher Tool on Chart, and this are other signals that may help to take this idea into consideration. Of course, we would only be able to confirm this five years from now jajajaja but if im still alive, hope to see how it ends :P lol

https://www.tradingview.com/x/glnDXXD1/

https://www.tradingview.com/x/RfWehge5/

https://www.tradingview.com/x/uNa2Yr5K/

Ill be sharing in less time frames to support this idea and to verify if im that crazy or not lol...

Hope you may find this interesting.

Cheers!

-CharterX

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