We are going to test if the markets will go up or down. I think it will go up. BUT One of the most remarkable suggestions all of my students are giving is Sharply down to 1.1410-1.1416 region then any further move. These young students each have a degree / Diploma in computers.
If I win, I get to take 6 beers home, but if they win, I have to get them each a beer. Fair enough.
May be they may be correct, but I suggest that never be over confident in this market. They think like software algorithms. Currently they have worked with Fibo and waves , also plotting the waves upside down to create a symmetry of intersecting points. Currently in a software / programming mode, they will be coding them in MT4 or MT5 soon. Once they have it ready, I will post it here.
Because coding is not for OLD people like me, I let them do this assignment on their own.
Time for Another cocktail
Just retired from University