What many perceived as a reversal in EUR may not be what it seems. I still view the advance as a very weak structure, which is supposed to be deeply or fully retraced before a real reversal occurs. Details are on the chart.
评论
AndyM
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Note - the market is likely tracing an ending diagonal, completing its w2. The decline should soon resume. New low before the reversal, end of next week.
glennmercer
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Keep up the great work Andy, your EW analysis is always very detailed and informative.
AndyM
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thanks for your feedback buddy!
eskgroup
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Super Mario not done yet. Thanks for sharing your work!