Dislikedso what you guys think ... gap fill to 61.8% retrace then up or continue droppage ?
I am going to be looking for any buyers and a long at same entry as yesterday late aisa 1.2820 ish just above the mml
AttachmentIgnored
EUR/USD :
Ok - as long as capped below 1.2799 - 1.2839 area - we could see one more drift down towards below 1.2726/ 20 limit or below that even a test at 1.2667/ 64 could be in the cards again.
If propped up again above mentioned downside limits (at least 1.2664) we could see one more move towards 1.2878 - 1.2927 or even up to 1.2999 - 1.3002/ 26 in case of an extention.
Elliott :
Downside projection 1.2727 - 1.2663 from today's HIGH at 1.3095x area
Market rythm :
First down - then up again
bibib
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts