EURUSD - Trends, Forecasts and Implications (Part 3) - page 506
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I've been following the Murray levels on D1 now, like a book, stomping around the 5/8 level (Top of the trading range). All markets spend 43.75% of their time moving between the 5/8 and 3/8 levels. If price moves around the 5/8 level and stays around it for 10-12 days, the market tells us we should sell in that "premium area", which some traders do, but if price remains above the 5/8 level, it will remain there. However, if the price falls below the 5/8 level, it will likely continue to fall to the next resistance level.
So we could be in for a nice deep correction. What does the wave analysis on D1 say?
Are we going to make it to 4200 or the usual???
Are we going to make it to 4200 or the usual???
Sell at 4160
selling at 4160
and why?
It will be 4280 today (tomorrow morning). We will salt from there.
and why?
Moose is then stocked0)))
and why?
It will be 4280 today (tomorrow morning). We'll be salting from there.
From 14680 may fall, but I think it will be 4200 anyway, we can try from there, the reversal is close
From 14680 may fall, but I think it will be 4200 anyway, we can try from there, the reversal is close