i see 1.33 as strong target . 2 different cycles targeting it and up there is clear cluster . tho as allways some problems with it also. on one hand its problem on other that is what up needs .
problem is that reversal logicaly should have happened around 1.1200 belov it . but pa avoided that cluster . As a rule , if PA avoids cluster we have to think that major 2. up leg is under making .Monthly candle closed red - easy to think that we go test its low and therefore hit cluster 1.1200 area as well , but now lets take 2 new numbers in . First is 1637 it personality - instiusions buy belov it - collecting buy orders till they have enought them - hint is visible in both w and mn chart -w chart price consentration without any real progress and mn chart -1637 area holds mn small real bodys - hint again strong money not selling it .
2. new number is 1708 - its personality is sideway- and often builds continuation - up this time . very common also is to see correction more in terms of time not so much in terms of price easyli visible in w chart 10sma . im in buy with 4 posision started from 1.1397 and added on way up, now first hard point - so eyes open and lot of sideways in w chart is good , once we overcome area no big pullback before 1.21
same time i expect dx 83-84 area , up here pa and area personality looking good D cycle went up 1 day from key point in medium term cycle , but thats very common .94.21 is main key for massive down in future and pa above it in w and mn is looking also very good .
problem is that reversal logicaly should have happened around 1.1200 belov it . but pa avoided that cluster . As a rule , if PA avoids cluster we have to think that major 2. up leg is under making .Monthly candle closed red - easy to think that we go test its low and therefore hit cluster 1.1200 area as well , but now lets take 2 new numbers in . First is 1637 it personality - instiusions buy belov it - collecting buy orders till they have enought them - hint is visible in both w and mn chart -w chart price consentration without any real progress and mn chart -1637 area holds mn small real bodys - hint again strong money not selling it .
2. new number is 1708 - its personality is sideway- and often builds continuation - up this time . very common also is to see correction more in terms of time not so much in terms of price easyli visible in w chart 10sma . im in buy with 4 posision started from 1.1397 and added on way up, now first hard point - so eyes open and lot of sideways in w chart is good , once we overcome area no big pullback before 1.21
same time i expect dx 83-84 area , up here pa and area personality looking good D cycle went up 1 day from key point in medium term cycle , but thats very common .94.21 is main key for massive down in future and pa above it in w and mn is looking also very good .