MyPivots
Sign In
MA
MarcinO
Rep: 67
Posts: 5,506
Interesting spot on the euro. It may be the end of a large ABCD on a daily time frame or just a W3 completed with W4 forming bullish ABCD on H1.
Click image for original size

Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
"Without 'context', you have nothing."

Very famous saying. Now, who was it that coined that one... Let me think...
JI
jimkane
Rep: 3,058
Posts: 33,089
Is it making its play for the new 'bulls#%&' market highs here? I suspect so.
JI
jimkane
Rep: 3,058
Posts: 33,089
Another day, another new all-time high for MidCaps, Russell, Trannies et al. Same old, same old.
JI
jimkane
Rep: 3,058
Posts: 33,089
I have at least three great lines at this lower high here, but it makes no sense for this to roll over here with the others setting new all-time highs.
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
The abcd doesn't look very strong, but will give clues for long position management.
Click image for original size
DU
Duane
Rep: 100
Posts: 1,095

Looks good !!
MA
MarcinO
Rep: 67
Posts: 5,506
It gave a nice reaction indeed and keeps falling.
MA
MarcinO
Rep: 67
Posts: 5,506
This might be it. Areas as posted yesterday.

Click image for original size
DU
Duane
Rep: 100
Posts: 1,095

Close, maybe one more thrust down
AL
albert
Rep: 99
Posts: 3,094
Originally posted by jimkane

And in the last burst it does indeed make up the drop. Have a good weekend.


You, too.

Al Kamego