Continuation Swing High from 1.0880 Part 2 EurUsd Rate

the Euro Rate Continuation Swing High from Support Level at 1.0880 - the Rate may contain an additional 160 pip higher - Before Price will return to the 78% bar at 1.0801 at this stage within the trend this is only probable - There are two opinions possible here - Or the Rate may return to further highs - Seen at 1.1547 as the current monthly chart cycle a little short of my mark at 1.0801.

1.1547 is Seen as a Secure Resistance Level towards Price returning to the Lower Low end and Finalized Outcome through the month chart as A Completed Low Phase.

Comment:

Since I only used the Fibonacci Metric Gauge lengths also Known as the Standard Fibonacci Ratio at A Percentage to equate the Formula in use towards calculating the Candlestick bar Lengths - It is very important to wait until either of the Price Levels mentioned within the monthly chart cycle above has been arrived through the Price or the Price Bar at secure Pivot Level and Turning Point - In order to bring about further Analysis and Market Forecast to the Rate Pair under current evaluation at a more precise level before entering into the Market towards Exchanging Contracts.

Trade closed: target reached:

Extended Target High amounts only into 1.1156 at 200% bar which is the standard Rise in the rate at this time for the Price Structure - There is also an overbought value at 1.1224 which is at 241% bar high - So stop-loss should be placed just above the level giving the Price room to fluctuate.