Disliked{quote} unfortunately the recent situation is very unclear and open to multiple interpretations The problem is the extrem sentiment in various instruments right now as I have detailed above. Looking at my chart below, you can see, that we could be in a wave 3 down now. But then there is the sideways/upways action since yesterday, which already shows overlap into the wave from the 067 top to the 468 low on Wednesday. Either we are seeing here the buildup of many 1-2 moves, which most of the time is the wrong solution to the puzzle, or we are simply...Ignored
There is no more meet to eat. So, the next week could be corrective in order to be bearish in EU again in Christmas. And the movement during this evening, 70 pips,sharply, with volume, makes me feel that this kind of movements,upwards, can happen.