We are short now till wednesdays new york session, lets see how far down we get
we are at trend resistance, indicators show still bearish potential (4hr slow stoc.)or are still bearish (1hr slow stoc.), wave theory says we will correct further, fibo says how long and deep that normally happens, fibo time says there is some time left, fibo price says there is some room left
so some further consolidation is likely before we continue uprising
Depending on how far this moves goes we will get information about what side is developing currently, if the bearish move upcoming week will develop shallow, we will likely see a strong bullish trend afterwards, if the bearish move will be strong upcoming week, we see this as a sign for stronger downside continuation of the eu into the future probably going with by a comeback of the dxy
we are at trend resistance, indicators show still bearish potential (4hr slow stoc.)or are still bearish (1hr slow stoc.), wave theory says we will correct further, fibo says how long and deep that normally happens, fibo time says there is some time left, fibo price says there is some room left
so some further consolidation is likely before we continue uprising
Depending on how far this moves goes we will get information about what side is developing currently, if the bearish move upcoming week will develop shallow, we will likely see a strong bullish trend afterwards, if the bearish move will be strong upcoming week, we see this as a sign for stronger downside continuation of the eu into the future probably going with by a comeback of the dxy
