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.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, will this short play out? The one rat showed above? It's a perfect place for a little fake trap down and then kill 'em to the upside. In 'the old days' I'd be quite confident in here. 'Nowadays' I'm jumpy and scared...
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch the KZ here, then the GZ, then the obvious areas just below the LOD (premarket LOD). Same old, same old. But, the scum will probably come in at the KZ, just to mess up such a nice play...









