my expectations for eu r that we r going to test that blue line some were at the orange parallel and if we have strong brake it may retest that as a support and going up is imminent. but if we bounce from there we may retest the low and more likely to brake it.
for now it very much depends what structure it will make thru the night, with orange is presented 3 wave abc structure with running flat in the middle but if thats not b wave from the structure im may be wave 2 from bigger motive structure and that will tell us braking of that resistance, and with red is motive with deeper correction which may form cypher pattern. and these r just several most probable options, but there r even more depends what will give us along the way...
for now it very much depends what structure it will make thru the night, with orange is presented 3 wave abc structure with running flat in the middle but if thats not b wave from the structure im may be wave 2 from bigger motive structure and that will tell us braking of that resistance, and with red is motive with deeper correction which may form cypher pattern. and these r just several most probable options, but there r even more depends what will give us along the way...