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.

But, alas, you know they see this. So, if they want it down, this is getting ready. And if it's about to dump naturally and they don't want it, you know they'll play their game and come in like gangbusters any time now...

in the old days we would see the abcd in the box and know it's a high probability shot to the median line.... this time it's different....again

Just took some off at blue line because of possible HS. As I am writing this price spiked down 100 pips. I am not always so lucky !!

Possible ABCD with ABCD in CD leg 50% ret at adjusted forks

I was watching this one too, Duane, but was concerned about 3 higher lows since the bullish ABCD on H4/H1 potential end at 1.3350.

Originally posted by Duane

Possible ABCD with ABCD in CD leg 50% ret at adjusted forks

I was expecting another leg down, PA here definitely looks bullish here, if we pass .618 all bets are off!!

decide!

Nice charts, crew.

Originally posted by jimkane

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

You, too.

Al Kamego