The ''Pulse'' of an asset times Fibonacci: ECB eviscerates Euro

Updated

Experimental plot to see if this sequence confirms.

Ultra-Bear confirmation: Ping off 3.764 and drop quickly.
Strong-Bear confirmation: Ping off 3.618 and drop slowly.
Likely event: Ping off 2.764-2.618 band and dont look back.

Note

Hmm, not quite the exact touch I was hoping for but close. Maybe it will come back yet

Note

Good confirmation of the 4.236

Fib series looking good, just need one more confirmation above, 3.764 being Ideal which would add to the bearish outlook.

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Note

Interesting. Looks like it is trying to hone in on the 3.618/764 band

after confirming the bands immediately around it.

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Note

3.618 still being confirmed, almost locked

Note

Nice. Check out the gradual corrections to focus on the 3.618 exactly. I delcare this Fib series CONFIRMED

Note

Decent ping off the 3.236

fib is definite now. Just waiting for upcoming NFP craziness which may definite a whole new impulse maybe even in opposite direction.

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EuroMotif

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