I will start this discussion topic with EURUSD chart.
On Friday it reversed six pips below the zone. I assume it may hold for a while and give some reaction but then it will be crashed.
Just my opinion.

Is this really headed to just under 70 today? I'm starting to think so. Cool. This area should bounce it, I'd think, and the formation is implying a move here. But, maybe it won't.

It wants to dump in a swoooooooooooooooooooooooooooosh...

I just have very little until 65-67...

It's really layered from 65-70, though.

Maybe they just take it below the current area like this, then bounce it, once the trap is set.

ABCD with three subgroupings.

i was out in the garden awaiting developments and i thought this was a more accurate draw

"I've fallen, and I can't get up!"

So, roofer, where is your current stop? Entry, I suspect? Somewhere else?

Originally posted by jimkane

"I've fallen, and I can't get up!"

I realized it now ..... Thanks Jim .