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paweld
Nov 1, 2013 10:01 AM

Strong demand zone close 

Euro Fx/U.S. DollarFXCM

Description

We are closing to strong demand zone - 50% IIIrd wave ret. , 100% IInd wave (overbalance zone), bottom parallel uptrend channel and Ist wave top. 2 scenarios : 1. Brakeout to new lows - wave I in downtrend or Vth wave to new highs. We'll see it soon.
Comments
KevinT
Though from another perspective, there is still some space down left

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