That is what a new science is telling us and what I am preparing for. Big picture.
April 16th 1 pm candle had a decisive long term impact.
Top Absolute Correlation 1hr
1 EURUSD - USDCHF -99.0%
2 EURUSD - EURJPY 97.1%
3 EURUSD - CHFJPY 95.5%
4 EURUSD - EURX 94.0%
5 EURUSD - EURSGD 93.8%
6 EURUSD - CHFSGD 91.7%
7 EURUSD - EURTRY 90.1%
8 EURUSD - USDHUF -89.4%
9 EURUSD - USDPLN -89.3%
10 EURUSD - EURGBP 89.0%
April 16th 1 pm candle had a decisive long term impact.
Top Absolute Correlation 1hr
1 EURUSD - USDCHF -99.0%
2 EURUSD - EURJPY 97.1%
3 EURUSD - CHFJPY 95.5%
4 EURUSD - EURX 94.0%
5 EURUSD - EURSGD 93.8%
6 EURUSD - CHFSGD 91.7%
7 EURUSD - EURTRY 90.1%
8 EURUSD - USDHUF -89.4%
9 EURUSD - USDPLN -89.3%
10 EURUSD - EURGBP 89.0%
Comment:
WATCH LOWER LOW, LOWER HIGH SEQUENCE. AS LONG AS IT IS NOT BROKEN DOWNTREND WILL LAST.