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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
I'm not sure if I will be able to place anything valuable today, as I have just arrived home and need to see what happened on Friday and Thursday.
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MarcinO
Rep: 67
Posts: 5,506
Incidentally, I happened to identify the same area as Jim did.


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es 2015 04 21 png
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MarcinO
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Are we going to see 2130 today?

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es 2015 04 21 aoc png
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MarcinO
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I think that Euro needs just one more push up to 1.0730 and then will continue dwon to 1.06-1.0615.
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MarcinO
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Posts: 5,506
Chart for both Euro areas.

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6e 2015 04 21 png
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MarcinO
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It broke 1.0730. 1.08 is a likely scenario now.
Originally posted by MarcinO

I think that Euro needs just one more push up to 1.0730 and then will continue dwon to 1.06-1.0615.
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MarcinO
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Euro came back to 1.0740. This is a key area that can send it up to 1.08.
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6e 2015 04 21 3 png
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MarcinO
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Lots of stuff coming together around 2085.50.

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es 2015 04 21 4 png
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MarcinO
Rep: 67
Posts: 5,506
Monday LOD - 1.0720
Tuesday LOD - 1.0667

Jim, your tools are incredible.

Originally posted by MarcinO

Friday's HOD for the Euro was on a very strong area. If this is going to be a repetition of very common fractal for this issue, it will result in a rapid move down.

Even if this scenario doesn't play out I would expect a serious bearish correction. Tomorrow Euro is likely to hit 1.0720 or even 1.0660.

JI
jimkane
Rep: 3,058
Posts: 33,089
To be humble I'd have to say, perhaps, 'The order in the universe is incredible'. But, maybe on the not so humble side I could say 'Yeah, I guess the fact that I discovered some of this order, and tools to describe it, I suppose that's pretty incredible, too.'

Originally posted by MarcinO

Monday LOD - 1.0720
Tuesday LOD - 1.0667

Jim, your tools are incredible.

Originally posted by MarcinO

Friday's HOD for the Euro was on a very strong area. If this is going to be a repetition of very common fractal for this issue, it will result in a rapid move down.

Even if this scenario doesn't play out I would expect a serious bearish correction. Tomorrow Euro is likely to hit 1.0720 or even 1.0660.


JI
jimkane
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Posts: 33,089
Nice posts, Marcin.
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rat89
Rep: 0
Posts: 7,015
bear abcd within the bigger bear abcd - in other words, the c-d leg contains abcd
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screen shot 2015 04 24 at 1 37 50 pm png