I will start this week with the Euro potential ABCD.
It may be premature at the moment as we are at potenial C point, but if this one plays out I will be looking at 1.3770 as a 'target' area.

Oh, I know. I was just saying there are not too many ABCD's into KZ's that I don't see. But, and this is something very new students don't usually grasp, every 'W3' that's ever been is a failed ABCD. So, all the moves I like to catch the most must fail their respective ABCDs. But, yes, they don't have to happen in KZ's, although many do. It's all about the 'context'.

thanks jim....looked at dozens of charts today and all I saw were exits

Well, this was just something I was looking at from a 'scalp' perspective. The area was pretty well-defined, and if they wanted to pop it into the close, it might make for a nice play. It sure wasn't set up for anything more than that at that time of day, from my perspective.

That 'scalp' doesn't look too bad now.

46 to 24?

Nice reaction so far, but 36.50 may stop it.

they can do anything they want, but make or break here

So curious how they take it down for better prices and then go nuts on it. So 'not random' in my opinion.

So, short-term, do we get some downside now, or is this one more buyable dip here?

The DX index sure looks ready to break below that long range it's been in. Get ready for the prices of everything to shoot up even more...