Aussie and Cable may need one more push to the downside.
It seems that like ES, FX didn't drop to key area on Friday.

top of the blue box to you, Marcin ;)

Hey rat!
Everyone is waiting ofr this area to be eventually hit!

Like I said... I also had the low area mapped out, but didn't post it. But, is 1903 close enough to the 1900 area for that to have been it, hence this 21-23 has less significance? Perhaps, but I'm not sure yet. Look at the 3-min H&S here, but also look at this wonderful bullish ABCD. This area is going to be very significant. The ABCD has triggered, so it's showtime right now. My gut feel is weakness.

Originally posted by jimkane

21-23 will be key...

Fake down or imminent ABCD failure?

1-min SL's on both sides. Which way will this coil break? It's time.

I'd prefer sweep up, then down.

So, is that the sweep down first, or just down?

I knew the time factor was hit, though.

I think the odds of a bounce/reversal here are like 99.99%. Let's see.

Understand. i'm short-side bias right now, but I just got a 'feel' there, so I'm tossing it out there.

Wow, it's already selling hard off the area. I am really loving this, but a bit surprised they'd go into the futures close that way. Awesome.