meszaros

EURUSD before further rise...

Long
OANDA:EURUSD   Euro / U.S. Dollar
Current analysis assumes that fractals often develop around the endpoints of various ATR-based indicators. In this case, we look at the two end points of the PSAR indicator. It can be seen that the fractal formed on the first and the fractal formed on the second (red rectangle) are dimensionally identical. Therefore, we have reason to assume that the answer to this will be repeated fractal (green square). Same size. If my analysis is correct, the next target price could be 1.12709.

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