My most preferable scenario is one more fake move up to 1.1450-80 and then serious correction.
If it didn't respect that area I would expect it to reach 1.1750 very fast.
JI
jimkane
Rep: 3,058
Posts: 33,089
Probably, though, it's just a stop run shake out and then explode up...
MA
MarcinO
Rep: 67
Posts: 5,506
Euro seems ready to advance now off the area discussed with Jim earlier.
1.1310 is my area of concern for today. I will place a clean chart later on.
1.1310 is my area of concern for today. I will place a clean chart later on.
JI
jimkane
Rep: 3,058
Posts: 33,089
What I can't get over, no matter how many tens and tens of thousands of hours I have watching this thing, is how it keeps doing pretty much the same thing, year after year, bull, bear, manipulated, and so on. Yes, there are minor variations, but the basic playbook just stays the same. Quite amazing, in my opinion.




