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LevRidge
31 Th10 2016 13:58

EU might have missed it's short play 

Euro Fx/U.S. DollarFXCM

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looking like we'll have another buy coming
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SergioMontanoTYMIW
Whats your target for this? Where do you see this going?
LevRidge
if the bat completes, short for 1.006922, if it goes down to the green zone before the bat completes.. I'd say long but i don't have a target for that yet.. right now the target is 1.101 for the bat to complete.
LevRidge
1.06922**
LevRidge
Looks like the bat will complete before hitting that green box... bears maybe taking over for a push to 1.06 very soon
SergioMontanoTYMIW
We will see there was big momentum on this move down - I am short @ 1.1055

I Will be keep my stop tight and not avoid overleveraging - if I get more confirmation to the down side I will add on

Please see my idea.
LevRidge
I checked ur last Idea, it looks logical! but this last push up by eu bulls looks strong.. I'd look for a first possible short around 1.1145, above there and eu will fly... Lets see what happens..
SergioMontanoTYMIW
We got clear 5 wave sequence to the upside since October 24th -

If I had to list most probable outcomes id rank them as follows

1) ABC Correction to the downside maybe 1.1000 or 1.1020 then a move up take out today's high
2) A Correction to the downside and consolidation between 1.1000 and today's high
3) A move up from where we are here take out 1.1085
LevRidge
We're at the tipping point..
LevRidge
now down to 1.074
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