However the monthly chart is showing us a reversal, so month can be expected.
Estimated price fluctuation at time of report (+1Hr) 0.11%
Next webinar (London time): 05/09/16 10:00 youtube.com/c/marenno
How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
1&2 period patterns:
1D , 1W ,
The pattern is valid till the end of it's period.
NR (Narrow range), WR (Wide range) :
1H WR4; 1H WR7; 4H NR4; 4H NR7;
How to count option levels: http://marenno.com/index.php/counting-option-levels/
and open interest levels:
Option level R4 1.32183
Option level R3 1.31733
Option level R2 1.31403
Option level R1 1.31253
Option level S1 1.30523
Option level S2 1.30523
Option level S3 1.30273
Option level S4 1.29973
Session (current session only) levels:
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.