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MarcinO
Rep: 67
Posts: 5,506
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.

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jimkane
Rep: 3,058
Posts: 33,089
Now, this could push up to 86.25 and still roll down (sorry, I had to take a break there and get up off the floor, I was laughing so hard). But, if not, the levels I have area 91.75-92.75, and 98.25-99.25. And despite my joke, this is still a tough area for it.
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jimkane
Rep: 3,058
Posts: 33,089
Tony!!!
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rat89
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Posts: 7,015
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rat89
Rep: 0
Posts: 7,015
I read it wrong!

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RO
roofer
Rep: 3,689
Posts: 3,574
this is like the old days... again knowing that the computers are rotating the key geometry trough the etf's is key for me....back to back days with abcd@382.... computers and kane traders know the odss of next move... an elliot view of a 5-3-5 abcd in bc leg suggests return to high before another leg down... we shall see
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rat89
Rep: 0
Posts: 7,015
beautiful, thank you roofer
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jimkane
Rep: 3,058
Posts: 33,089
Now, I see no reason why this won't rise until close, on this nice, steady manipulation track it's on right now. But, if they were going to turn it (just too funny, Jim, you should take it on the road, be a stand up...) I'm watching 81.50-83.25.
RO
roofer
Rep: 3,689
Posts: 3,574
will it break through...............................................
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jimkane
Rep: 3,058
Posts: 33,089
And yeah, there is something here at this 80 that caused it to break the tight grind price flow, even if ever so slightly.
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jimkane
Rep: 3,058
Posts: 33,089
This area is just an insane confluence of lines and frequencies. I hate when such profound areas fail. When they've been bearish, the failure rate lately has been statistically indistinguishable from 100% (this is not an actual stat, this is me just hating on the manipulators for destroying such beautiful art). But this 80 is the key .382, too, so maybe it doesn't even get that far... Hah!

Originally posted by jimkane

Now, I see no reason why this won't rise until close, on this nice, steady manipulation track it's on right now. But, if they were going to turn it (just too funny, Jim, you should take it on the road, be a stand up...) I'm watching 81.50-83.25.
ER
EricD
Rep: 63
Posts: 692
I realized it now ..... Thanks Jim .