I'll start with the Euro again.
1.2385 is my next strong area, assuming continuation of a downtrend.

Now, I just about 'know' this will sweep down, and going down isn't off the table. They tend not to set another new all-time high in the same day, as they like to 'save' them, but who knows. So, it may just chop for the rest of the day, with a nice double stop sweep, and maybe even push up towards the high. I can't really see any selling, but they need to 'get better prices' somehow, so selling now isn't off the table. Basically did I just say it may go up, down, or sideways? Maybe...

And there's the sweep down, as if on cue. The question now is, down up, down? Or just down? There was a time when single sweeps were the norm. Then it switched to double sweeps as the norm. So, it could sweep down and then up, but it's very unlikely. I'm almost thinking just plain down. Hmmm.

Watch the 'backtest' area of this little range. I have a feeling...

Big dump coming...

Just seeing it short, end of story, it's a 'ride until close' in my eyes, at least until the character changes.

I'll watch the ABCD here, but otherwise, I'm looking around 62-63.

Yeah, I'm really seeing 62-63.

That was a nice add-on spot for the short?

I'm just seeing this as a hard-core short. I might not be seeing this how it will eventually play out, but I just think at some point they'll let it go.

One thing to watch closely here is this pop down now may be a sucker trap, that's all it does, now it snaps up hard.

you have a key line pie?

Originally posted by jimkane

Yes, but add in a key line that this was the third time it used, and you really have something.