spencer03

spencer03

1-5 forms a bearish flag that should be left down this week.

spencer03

Should fall !!!!!!!

spencer03

should fall even deeper tomorrow

spencer03

At the limit.

spencer03

1.35 is a strong resistance. In the meantime, the low of January 23, 2009 and Fib 0.618% of the a-b distance were reached and rebounded. In January another attempt should be shown upwards, but above 1.36 it should not succeed, which can lead to sharply falling prices.

spencer03

We have a possible sell setup.

spencer03

A little more weakness would be good, at least 0.38% Fibonacci Retracement.

spencer03 Updated 

It might be possible that in the coming year this currency pair makes another high, then for the final wave 5, the CD length could be the same as the AB.

spencer03

I think it will not run over 10k.

spencer03

---- Short is here long and vice versa.

spencer03

We will see...

spencer03

If you're not sure what's next, try turning the currency pair over. That gives a different perspective that may help.

spencer03

If you're not sure what's next, try turning the currency pair over. That gives a different perspective that may help.

spencer03

If you're not sure what's next, try turning the currency pair over. That gives a different perspective that may help.

spencer03

If you're not sure what's next, try turning the currency pair over. That gives a different perspective that may help.

spencer03

In the daily the red cloud dominates and at the lower edge of the cloud there is a short possibility.

spencer03

Target 1.13 and higher.

spencer03

I think there will be no buyers this month.