Daily Forex Analysis by sicontractor

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forex · @sicontractor · Feb 28 '18

$0.13

Daily Forex Analysis

# Daily Forex Analysis :

## Currency : EUR/USD

As you can see from the below chart after breaking up the triangle formation, I traced the fibonnaci retracement levels as it is starting to bounce back.

So after touching at 1.21979 at the lowest point, it bounced back to rebound and touch the 23.6% Fib level at 1.22335 if it crosses it than you can see price rising upto the 38.2% fib level, and a price lowering after it.

If it bounced back before the 23.6% fib level than it will go below the original lowest of 1.21979 


![](https://steemitimages.com/DQmW8QSHFWxiAXmi9qJyZNeZoWPKNS8JkAFq4fmghR1YKYk/image.png)


### Chart details :-
Candlesticks : Hekien Ashi
Time frame : H1
MA : 14 , 20 , 100

👍 bestone, awesomianist, qifenggan, gfi24k, ablie, sreepyeldarb

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voter	rshares	pct
ablie	3,683,795,899	47%
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bestone	4,874,218,212	78%

@steemitboard · Jun 18 '18

Congratulations @sicontractor! You have received a personal award!

[![](https://steemitimages.com/70x70/http://steemitboard.com/@sicontractor/birthday1.png)](http://steemitboard.com/@sicontractor)  1 Year on Steemit
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@steemitboard · Jun 18 '19

Congratulations @sicontractor! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@sicontractor/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@sicontractor) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=sicontractor)_</sub>


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!

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@stepanh · Feb 28 '18

Hi, looks nice, following. Consider following my fx blog black.

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