Major Math In Euro Points To Bottom

Easy math for the new amazing low of the Euro

Here are a beautiful series of moves on the EUR/USD hourly chart that correspond to the exponential series of 5 (5, 25, 125...).

Notice that important price points in the preceding downtrend correspond perfectly with the timing points of the Fibonacci ratios of .382 and its double .764, measured inside the movement of 5 to the third power (125 periods (hours)). (Why not? 5 is the only integer that can derive the perfect ratio never to be touched by any fraction.)

In addition, the low of this low close at 3 pm EST (Friday May 8) of 1.08328 is sitting right on the cumulative average of all closing prices since the major low (at point .764).

Disclosure: Scott Hathaway, any affiliates or employees or associated parties or third party data provider, shall not have any liability for any loss sustained by anyone who has relied on the ...

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