finitemonk

EURUSD A Line & Fork (the full version)

FX:EURUSD   Euro / U.S. Dollar
236 0 0
And improved. (One should always refine things, I think).
With no adjustment other than the little fork slightly, all the remainder in place from a previous chart.

Nots: it has left the 18 month long Downtrend Fork Upper/Outer Line,
very nicely continuing overnight, (currently some resistance on the ML of the larger blue Uptrend or at least waiting for a further weakening of the USD)
The red lines are a Major Upward fork (ML shown in brighter red).

The Prime Carrier lines & parallels (I prefer // over the traditional H, for me just easier to read & type)
are proven expressions of its essential wavelength or frequency, a carrier wave,
carrying the day to day noise, of which parallels it will always tend to fluctuate
between in the long term.)
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