Disliked{quote} Hi T., hi Jay, hope all is well :-) Looking at volume profiles, price has now room to reach the 3695 to 3720 "no business" area. Here I suspect at least the rejection of the recent upmove. From an Elliott Wave point of view I have argued for days, if the majority of EW-analysts may be wrong suspecting a 1-2, 1-2 move (down) from the top at 389x. I thought from the beginning, that we would have a nice chance, that the recent low of 3507 was the end of the first wave 1 down, and that the subwave 4 of this impulse down was an ABC-flat (where...Ignored
OK, here we go:
EW on EU
4h TF