EU had a strong bounce on Friday, based mostly on Dollar weakness.
Such a strong move I think will have some after effects.
Am expecting an ABC retrace to climb to one of the two red zones for end of C.
Wave B may have completed on Friday, or it might take a small dip on market open.
Lets see how this plays out.
Background:
My EU shorting adventure began in early 2018 while looking for a top around 1.2500
As that top was forming, I saw the Fibs giving me some clues for down move to start
Once it started dropping, I fined tuned the Fibs and EW count to arrive at 1.1500 ad mid target, and 1.070 as final target
I have since been shorting bounces whenever possible, such as per my last plan
Which brings me to my current plan, looking to short 1.15 or higher
Such a strong move I think will have some after effects.
Am expecting an ABC retrace to climb to one of the two red zones for end of C.
Wave B may have completed on Friday, or it might take a small dip on market open.
Lets see how this plays out.
Background:
My EU shorting adventure began in early 2018 while looking for a top around 1.2500
As that top was forming, I saw the Fibs giving me some clues for down move to start
Once it started dropping, I fined tuned the Fibs and EW count to arrive at 1.1500 ad mid target, and 1.070 as final target
I have since been shorting bounces whenever possible, such as per my last plan
Which brings me to my current plan, looking to short 1.15 or higher
評論:
Got a bounce of the lower green zone as expected. Now the price has run into local resistance from its own fib. But looks quite bullish still
the Golden Ratio is my Religion
the Trading View is my Nation
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the Trading View is my Nation
the Moderator Tag is my Flag
