So at around 0.95 we have 88.6 o FX:EURGBP f XA, 161.8 extension of wave 1, wave 1 equals wave 5, and 127.2 expansion of wave 3 to 4. A lot of factors are thus coming into play. However, it just looks way too perfect in my view.
Although EUR got battered today, I am expecting the price in this pair to move to 1.6 where I will be looking to sell. We have great confluence of fibos as well as potential head and shoulders. More important, a massive trend line passes through 1.6 as well. Good luck.
Trend line broken and restested. If the drives patter materialised we would see prices far below USD27!
Despite recent pull back, Tesla still looks relatively strong. The correction was sharp, but at least it was quick. I would expect shares to go slightly lower still. Nevertheless, 283 area looks great to look for a reversal.