As you see also EURUSD betrayed itself giving clear clues from its past behaviour. It follows wave patterns it worked out in the past. I also applied Gann square to EURUSD monthly and weekly, and we seem to be at a start of a massive bullish ride. This is zoom in for 4 hours timeframe. I plotted Gann square (unfixed one), Fibonacci retracements and Fibonacci speed circle along the Fibonacci levels. All freely traded markets are governed by a hidden order based on the geometry of the circle or “arc”, which expands and contracts based on the Fibonacci ratio. That is why most traders fail - because they draw straight trendlines and are never able to catch the because markets move in circular arc shaped trendlines after the law of vibration.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.