On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.

Sure

Originally posted by jimkane

Rhetorical question, right?

Originally posted by MarcinO

Are you watching that drop?
80 pips off the area.

Originally posted by MarcinO

That high at 1.4440-50 might be it. This is a very nice area, showing some symetry as compared with LOD level.

The low end of the current area is about 89.75. The low end of the middle area is at 86. Most everything actually groups closer to there, depending on the time it hits. The last level is more minor. The other fantasy level ranges from about 77.75-80.00.

Originally posted by jimkane

My levels below, which I post with the caveat that it may not get to any of them, are:

90.75-91.25

87.50-88.25

84.25

These are all 'center of area', of course.

Pound noticed bactest area at 1.4330.
Next level is around 1.4270 - pretty much the one posted yesterday which sent it up so much.

Short term move down seems done.

On that center area that 88.25 is more an outlier, so that 38.2 at 87.39 is really the high end of the meat of it.

Originally posted by jimkane

The low end of the current area is about 89.75. The low end of the middle area is at 86. Most everything actually groups closer to there, depending on the time it hits. The last level is more minor. The other fantasy level ranges from about 77.75-80.00.

Originally posted by jimkane

My levels below, which I post with the caveat that it may not get to any of them, are:

90.75-91.25

87.50-88.25

84.25

These are all 'center of area', of course.

C'mon, "You can do it!"

I'm pretty concerned the way it is acting that it's done.

Pound is tempting me to go long any second now....

If so, I'd call that the LOD. I hope we get a bounce and roll. I really want to see those lower areas, especially the 80 one.

Funny, just as I express concern the ES may be done...

Originally posted by MarcinO

Pound is tempting me to go long any second now....

It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!