Lolly Tripathy
Sergeant Major
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sive sir n minimax plz comment
FOREX PRO WEEKLY July 28-01 August, 2014
- Thread starter Sive Morten
- Start date
yes, possible if 1st weekly swing will be recognize as 1st of an impulse and evetualy as very long 3rd of Diverging ED...but check my gold, DJI, Dollar index....everything is crying for loading off shorts and move up on eurusd..not talking about uptrend but nice correction above 1,3575...
eurusd
This is how I see it..
If 5ED=c=W is in place, I expect retrace (better to say move, leg would be c of Flat) to hit 50% of first weekly swing at 1,3747 and drop to hit wave a of ZZ at 1,3170..
..BUT I suspect this could be corrective 4ED (Flat and we are in c as Diverging ED) then we should not exceed 1,36995 and move down should not be so agressive, maybe just W&R hitting 50% from 2 to 3..
This is how I see it..
If 5ED=c=W is in place, I expect retrace (better to say move, leg would be c of Flat) to hit 50% of first weekly swing at 1,3747 and drop to hit wave a of ZZ at 1,3170..
..BUT I suspect this could be corrective 4ED (Flat and we are in c as Diverging ED) then we should not exceed 1,36995 and move down should not be so agressive, maybe just W&R hitting 50% from 2 to 3..
Sive Morten
Special Consultant to the FPA
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gbpusd insight
looks like cable is full of steroids, despite worse MPMI was not hit against usd...target was hit and before NFP it might come to 1,6820/1,6800 but lack of strenght after announcement makes me think will not...
my last insight still stands
looks like cable is full of steroids, despite worse MPMI was not hit against usd...target was hit and before NFP it might come to 1,6820/1,6800 but lack of strenght after announcement makes me think will not...
my last insight still stands
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