Hi all,
here is my current outlook on EU
trade well
The correction of the swing up 287x to 330x very nearly made it into the target bubble except 5 pips but it did make a LL than wA so could be done.
The target zone is shallow by normal standards but it is being influenced by the height of the pullback shown as wB and the top of the previous swing high 312x.
Overall I am still trading the weekly correction, but the risk here is of a deeper correction on the lower timeframe - looking to 312x to hold that back.
To the upside watch 25 45 54 75
here is my current outlook on EU
trade well
The correction of the swing up 287x to 330x very nearly made it into the target bubble except 5 pips but it did make a LL than wA so could be done.
The target zone is shallow by normal standards but it is being influenced by the height of the pullback shown as wB and the top of the previous swing high 312x.
Overall I am still trading the weekly correction, but the risk here is of a deeper correction on the lower timeframe - looking to 312x to hold that back.
To the upside watch 25 45 54 75