long term volume profile
EU
EU
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- #15,884
- Aug 25, 2014 2:08pm Aug 25, 2014 2:08pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
look, the sun 
Thought it would be impossible to see it again
Thought it would be impossible to see it again
- #15,887
- Aug 26, 2014 12:54am Aug 26, 2014 12:54am
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
{quote} I think further downside for EU.. There is high buying on USD within 3 last trading days.
if they are success then will make EU down deeper., really deep.
- #15,888
- Aug 26, 2014 4:05am Aug 26, 2014 4:05am
- Joined Jun 2010 | Status: zero | 20,603 Posts
EW on EU
12 h TF
3 options
from a momentum point of view I prefer the last charts count
on the other hand, my sentiment data shows, that only around 10% Euro bulls are left. So the bet is a bit one sided. But in accelerating wave 3's down we can carry such low readings for a sustained time.
From a volume distribution point I can see, that 3183 is a ultra low volume zone, whereas 3089 is ultra-high volume zone (which should attract).
A rejection at the 3183 may lead to 3234 high volume zone, extended to the 3303 ultra-low business zone
A break of the 3183 will certainly lead to a test of the 3089. When price will not get rejected here, extended moves down into the 29x-27x is possible (ultra low volume zones)
12 h TF
3 options
from a momentum point of view I prefer the last charts count
on the other hand, my sentiment data shows, that only around 10% Euro bulls are left. So the bet is a bit one sided. But in accelerating wave 3's down we can carry such low readings for a sustained time.
From a volume distribution point I can see, that 3183 is a ultra low volume zone, whereas 3089 is ultra-high volume zone (which should attract).
A rejection at the 3183 may lead to 3234 high volume zone, extended to the 3303 ultra-low business zone
A break of the 3183 will certainly lead to a test of the 3089. When price will not get rejected here, extended moves down into the 29x-27x is possible (ultra low volume zones)
- #15,894
- Aug 26, 2014 10:07am Aug 26, 2014 10:07am
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
{quote}BRENT meanwhile on decent buy area.
Still dangerous to buy oil atm, maybe until WTI around 91.22... don't know about Brent.
- #15,899
- Aug 27, 2014 3:26am Aug 27, 2014 3:26am
- Joined Jun 2010 | Status: zero | 20,603 Posts
EU
wave count 8h TF
main count
accelerating down in a wave 3
fits very good to momentum
wave count 8h TF
main count
accelerating down in a wave 3
fits very good to momentum
- #15,900
- Aug 27, 2014 3:28am Aug 27, 2014 3:28am
- Joined Jun 2010 | Status: zero | 20,603 Posts
EU
wave count 8h TF
alternative count
momentum analysis sucks
wave count 8h TF
alternative count
momentum analysis sucks