Remember this is 6E which is the futures of EURUSD, so price levels can be slightly different.
7/31/16
I am still bearish EU weekly and want to see 1.03, but I suspect 1.17-1.19 may come first. We appear to be a large weekly abc which clearly breaks down into daily, 4hr, and 1hr WXY cycles. Under 1.09 would cause me to reevaluate the idea.
weekly - bearish
daily - bullish
4hr - bullish
7/31/16
I am still bearish EU weekly and want to see 1.03, but I suspect 1.17-1.19 may come first. We appear to be a large weekly abc which clearly breaks down into daily, 4hr, and 1hr WXY cycles. Under 1.09 would cause me to reevaluate the idea.
weekly - bearish
daily - bullish
4hr - bullish
Comment:
Idea working very well.... updated chart
