EU finally got a bounce, from the 8.618 fib extension.
Supposed to bounce at 8.236 but stops were hunted.
Typical London games, it dove at open only to reverse.
The impulse from bottom is showing some strength.
It should reach at least the green 4.236 around 1.18xx.
It could go much higher but expect a pullback soon.
Background:
I am an EU bear, spotting the top in April 2018
As that downtrend started, I spotted 1.07 as final destination
Since then I have been shorting or waiting to short, for example my last big short based on Pivots
Supposed to bounce at 8.236 but stops were hunted.
Typical London games, it dove at open only to reverse.
The impulse from bottom is showing some strength.
It should reach at least the green 4.236 around 1.18xx.
It could go much higher but expect a pullback soon.
Background:
I am an EU bear, spotting the top in April 2018
As that downtrend started, I spotted 1.07 as final destination
Since then I have been shorting or waiting to short, for example my last big short based on Pivots
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.