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MarcinO
Rep: 67
Posts: 5,506
That's the best wave count I can get for the euro.
If wave 3:3 is going to be at least as long as 3:1 we won't see any significant corrective move down, on a daily timeframe, until the area around 1.3440 is hit.

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JI
jimkane
Rep: 3,058
Posts: 33,089
Thanks for starting to topic, Marcin.

ES looking strong. Ready to set a new high for the move. Long live the bull.
JI
jimkane
Rep: 3,058
Posts: 33,089
I doubt this could be a 1-2-tick game in here, but I'll surely be watching for it.
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MarcinO
Rep: 67
Posts: 5,506
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MarcinO
Rep: 67
Posts: 5,506
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MarcinO
Rep: 67
Posts: 5,506
I've added PTA for Bat scenario. They could possibly wipe out these two TLs just to reverse it now.
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MarcinO
Rep: 67
Posts: 5,506
Let's see if X marks the spot can reverse it.

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MarcinO
Rep: 67
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4PT didn;t play out. Let's check this one.
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RA
rat89
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Posts: 7,015
good morning everyone.....my 2 cents


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jimkane
Rep: 3,058
Posts: 33,089
1-2-tick game did do it, to my surprise. Reversed at one tick shy. It's a powerful tool to keep an eye on. Usually the reversal has to be quick and sharp, but it was in the off-hours.

3 point range for three hours now. Nice. Great action.



Originally posted by jimkane

I doubt this could be a 1-2-tick game in here, but I'll surely be watching for it.
JI
jimkane
Rep: 3,058
Posts: 33,089
One thing I can say, if the LOD gives way, that has some significance. Can you see the pattern? The key lines? The key Fibs using all the techniques? If (when?) this gives way, it would signify to me it wants at least one degree higher, but possibly more, of correction. And that seems impossible, in the market that never stops rising...
RA
rat89
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Posts: 7,015
in the context of knowing the odds of closing at an extreme on an opex friday you had to kind of expect a midday low and squirt up into the close....fib city at the low too


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