DislikedDaily S/R Levels for Thursday Germany and France have bank-holiday, so I expect a dull London session and hope that at least NY brings in some volume. Today, intraday wise, we must watch 1.0660 support! Bulls will face a barrier around 1.0717! Based on wave count, the final bullish wave of 4 seems to be limited with 1.0773 area. (Because, technically, price is not expected to touch the low of wave 1: 1.0806) Bears seem to be limited as well with strong support sitting around 1.0604. Long story short: We could have a sideways day today. I hope it...Ignored
while for bull limit down 0606 still hold , one last leg up above 0643 broken down marginally and hence even with test 0606 limit price may throw last leg up to the target above 0756. once fakeout as in strong bull , again can do , even breaks 0639 , hold to test 0606 , may halt tl 0619/14 to bounce to the target up. even though a hs in smaller tf . so till trendline not breaks and hold with limit broken it is still bull and target may accomplish in any day.
so better ping pong play in the corrective phases , may next 2 wks as it seems . mean heaven for the scalpers! lets see
Not understand?better not follow my analyses!doubt clearer first, risks ++
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