How this crap exploded is completely irrational, but it makes 1.20 plus scenario more realistic.
1.1400-30 is a monster area, so we might see some correction here. Next strong level is around 1.18, comprising of two subareas around 1.1750 and 1.1850.

And there's a new low for the move. Last shake out?

I think this last shakeout retest long is going to be a good one. Even if not, the swing ranges are awesome to play around with, in my view.

Just keep in mind, if the ES bounces the Euro will likely come in while the bounce is happening. Not for sure, but most likely, I think.

Of course I'm keeping an eye on the bearish flat ABCD here. I just can't imagine them not going up and over it, it is so obvious, and so sold down in here. We'll see. If it sends it down again, wow is this weak.

I'm planning on staying long side bias for a bit in here. I'm ready for the up and over. I'm expecting the long off the retest to run some more.

You are trading your favorite direction and I have to buy that Euro crap.

Originally posted by jimkane

Of course I'm keeping an eye on the bearish flat ABCD here. I just can't imagine them not going up and over it, it is so obvious, and so sold down in here. We'll see. If it sends it down again, wow is this weak.

Yeah, that does suck, Marcin. But think of how long I've had to be long side bias for the ES.

Here it goes. Rocket launch of basic area.

The Euro in one clip
https://www.youtube.com/watch?v=VCWjByenDsM

I don't know if I have anyone equally as lucky in here on this but I saw them perform that song live in concert, back in the day when it was on the charts. Very cool.

Originally posted by MarcinO

thin lizzy