EURUSD long entry Zones to watch: EU retrace Done?
Updated
EU displayed a near perfect 12345 impulse rise.
The 5 was a bit extended but valid nonetheless.
Extended Fives often lead to sharp corrections.
The ABC correction may be completed already.
But I think it has one more leg down to finish.
Look for next 12345 start, try to catch wave 3.
The above zones were born of two Fib sets.
The Red fib measures the correction from top.
The Green fib was the uptrend set in idea below.
Prologue:
.
Ordered Chaos
every Move is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, guided by Golden Ratio.
every Ripple behaves like its forerunner, setting the Pulse.
each Line adds to Gravity .
each Line must be Tested.
each Line has some Aspect.
2 line confluence is Dependable.
3 line confluence is Respectable.
4 line confluence is Worshipable.
every Asset Class behaves this way.
every Time Frame shows these ripples.
every Brain Chord vibrates the same.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Minutes?
click the Links under Related.
The 5 was a bit extended but valid nonetheless.
Extended Fives often lead to sharp corrections.
The ABC correction may be completed already.
But I think it has one more leg down to finish.
Look for next 12345 start, try to catch wave 3.
The above zones were born of two Fib sets.
The Red fib measures the correction from top.
The Green fib was the uptrend set in idea below.
Prologue:
.
Ordered Chaos
every Move is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, guided by Golden Ratio.
every Ripple behaves like its forerunner, setting the Pulse.
each Line adds to Gravity .
each Line must be Tested.
each Line has some Aspect.
2 line confluence is Dependable.
3 line confluence is Respectable.
4 line confluence is Worshipable.
every Asset Class behaves this way.
every Time Frame shows these ripples.
every Brain Chord vibrates the same.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Minutes?
click the Links under Related.
Note
here we are at first possible support but not looking to hold, will wait for the next one at 4.618 Note
Next zone it is. Decent signs of it being relevant Note
Closeup of the action between zones Note
Looking good under the microscope Note
Not a good sign that it came back into the vacuum between zones .
Note
Now a Good sign, back into the top zone .
Note
Nice bounce off the red 4.618 after a stop hunt below Note
Nice continued confirmation the the zones Note
Nice reflection off top of zone Note
Well the count was wrong but the zones proved solid Closer inspection: notice the numerous Pings (exact reflections) on the zone boundaries. Further thoughts on the pic
.
Note
2 line confluence is Dependable .
Note
Ping ... 
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