hassan11, I am merely a student. Thank you for your continued support and humbling comments. I really appreciate it.
WaveAlchemy
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Great stuff. This would be the ideal situation.. but unlikely target given how sluggish the up trend has been. Do you think there is a legitimate motive structure count for the new price data?
As of today I do not see any more room for this pair to go up. This would result in the failure of the ab=cd pattern I have listed there. I have shown in the past that Fib levels within the CD leg often act as resistance levels and the overall failure of the ab=cd pattern in the Geo'.
I'm not quite sure what you mean by motive count, but to answer your question on the direction of the this pair; I would say the move up has been exhausted and bears will push their weight down on this pair...for now.