Closed at -1....There's a high risk of a bounce up from this level and I would rather watch grass grow than trade this slow PA. Lol
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Need divergence lines added to Constance Brown Composite Indicator 2 replies
if UK PM Brown quits... 2 replies
DislikedOk, it looks like it was the former...We did not get the larger pullback seven hours ago, so we are still in the process of completing the third wave of C of Y.
Now watching for a high above 1.2880 (preferably above 1.2890) to complete that third wave, and at that point, we should see a larger degree 4th of C of Y. This will likely consume more time and correct further down than the messy PA we completed yesterday.
1.29338, 1.30542 and 1.31482 are upside targets for later this week or early next...Ignored
DislikedOk, it looks like it was the former...We did not get the larger pullback seven hours ago, so we are still in the process of completing the third wave of C of Y.
Now watching for a high above 1.2880 (preferably above 1.2890) to complete that third wave, and at that point, we should see a larger degree 4th of C of Y. This will likely consume more time and correct further down than the messy PA we completed yesterday.
1.29338, 1.30542 and 1.31482 are upside targets for later this week or early next week ([u]after we get...Ignored
DislikedEURUSD....Watching 1.28471 for the next 30 minutes or so.....If a reversal occurs at that level, then 1.27625 is the next downside target.Ignored
DislikedTough PA again today, but looking for 1.29826 to 1.29876 if 1.2874 holds...
Meanwhile, offering 1.2905 -- targeting 1.2885, then long for 1.2925 next...Ignored