Euro Fibonacci

The Euro has bounced up on the .618 fibonacci time. According to the analysis today is 21 trading days from the low of July which is either wave 1 or A so we could get a change of trend today or tomorrow allowing for a good swing short trade. We are also near the fibonacci price reversal points. In addition we are also forming a MACD divergence on the 15 minute chart and the 60 minute chart.
The trend is still down.
Nothing in trading is ever guaranteed and I urge you to please do your own analysis and as usual good luck on your trading toay.
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