Starting it off.
Last week Euro didn't make it above 1.14, starting a correction as expected. 1.12 (+/- 10 pips) is a very strong support level and I'd assume it will work.
In case of troubles I have two more levels at about 1.1120 and 1.1060.

Why do I think it may have one more little leg, to perhaps 2100.75? Because the HOD here is 20.00 points off the overnight low. You know how it likes 20+, 30+. etc. It needs a little more. But the way this is set up, if it does another leg, it may 'break free'. This one is interesting.

I rather suspect it could crater in here with a lower high. Just something I am watching for.

If this drops on the higher timeframe, I think the next stop may be the low 60's.

This is sitting on a ledge and a high wind is blowing. This is the point 'they' usually come in hard, because if they don't: swoooooooooooooooooooooooooooooooooosh.

Euro didn't make it to my area, creating nicely shaped ABCD with a potential D point slightly above 1.12.

See how they know that doom is imminent and come riding in to the rescue, at the last second? Seen this I would say literally like a thousand times since 'the big manipulation' started.

I have a monster confluence right at this ABCD low, too. A super-nice one.

Originally posted by MarcinO

Euro didn't make it to my area, creating nicely shaped ABCD with a potential D point slightly above 1.12.

Click image for original size

Here they come now en masse. Let's see if the just want that area I mentioned, or if they truly plan to 'break this out' and go for 30+.

Talk about showtime.

Watch very, very closely right now.

And it's still rising in the Friday after-session. It just hit... 20.25. Uncanny, huh? I'm thinking so. Not me, the tools. The universe. Just amazing.

Originally posted by jimkane

20.50-22.00 would be the area if they wanted to fall shy of taking them out.