On Friday the Euro hit new high at 1.1470 as expected.
Apart from geometries shown below the structure of the move, let's say on M60, is very similar to patterns that has preceded previous correction recently.
It might be current level that will stop it for some time or 1.1520 after one more move up. If these areas don't hold the next serious level before low 20s is about 1.1750.
JI
jimkane
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The Euro, as Marcin showed, finally 'let go'. But, we have a smokin' new all-time high in the ES to show for it. Soon the SHTF, any time now. When it does, well, watch out. Holy cow. Moves like that will likely be happening every few minutes, I think, just like during 'the financial crisis'.
MA
MarcinO
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Posts: 5,506
The next level is just below 1.1050, and this one might be the end of bullish correction.
There is a key, proven line from weekly time frame at this level.
There is a key, proven line from weekly time frame at this level.
JI
jimkane
Rep: 3,058
Posts: 33,089
Let's see if the ES is really done and this rollover is for real, or just a trap.





