


Mennzz
May get more accurate if this setup actually plays out.
We may see EU continue down till around October 24th at price 1.33, followed by a huge bullish move up to around 1.40. Tread carefully. :D
Technical theory suggesting we may see this minor down move quickly finish up, followed by a big bullish move to around 1.38 or 1.39. (All happening probably within the month of October.) - Be careful though it still has more room to go down to 'worst case' 1.33, though I doubt it. NOTE: This is just a theory and an idea, not an actual outlook. Trade carefully. :D
Quick idea... (EDIT: actually, the green up arrow was suppose to be placed one candlestick to right on the October 14th. This mistake also tells that instead of a single huge down candle to 1.335, we may see 2 down candles to 1.335.
The third and final push up in this bullish rally headed for 1.37 may take place very soon. Though, you should tread very carefully for the weekly chart displays dangerous bearish signals.
Initial long-term theory for EURUSD. To around 1.37 by September 27th. The path it may take might not be the same as projected, but I do expect it to unfold within the green hexagon.
Down to around 1.29 by September 27th, then bull all the way up to around 1.38 by the first days of November. It's just a theory and an idea. :D
Bearish traders might be in control till around 1.29, them from there a massive move up to around 1.39. Tread carefully.
By September 11 to around 1.285? Keep an eye out. :D
Currently thinking bearish for the next 2 weeks till around September 10-12. Be careful though, bulls can attack anytime. :D
After a tiny down move, a 2-3 day boom up to around 1.36, or a down move then a slow upmove to around 1.37. Hmm.... O.o
The theory is that we'll be seeing a bearish retracement till around August 20th, then 'maybe' a sharp move up, which will then be followed by a long-term downtrend till 1.20 by the end of 2013. :D
The theory is that of congestion. This past few weeks and months, EU has been in a ranging state which might mean it's building up steam for a potentially severe earthquake. If it happens, it probably would head first to around 1.3420 at the end of 2 weeks, and then cliff dive all the way down to around 1.1763. If it actually comes about, it would likely signal a...
Interesting formation that might suggest bearishness. Though it's an abstract idea, it's one which should be considered.
It's probable that we will see a bearish retrace that will irritate the bulls into another attack. But backing a bear into a corner twice like that is bad enough, but when bulls are doing the cornering, it's three times as bad! ...which may suggest we might see a surprise attack from the bears in August. But that's just speculation. :D If you have a similar...
Scenario 1: Two bearish weeks, then mostly bullish month. Scenario 2: Two bearish weeks, then one week retracement, then half or full bearish month.