paweld
Short

Flat market

FX:EURUSD   Euro / U.S. Dollar
167 3 1
We have now nice three possibilities to end downtrend FLAT corection ( ABC ).
Possible C ends:
1. Now we have 3 retracements close to the 1,31092 : 61,8% of A, 70,7% of C and 78,6% RX            
2. Level of 78,6% B, 70,7% A is close to the 1,31463
3. Last level appears to be at 1,31908: RX             100%, and 78,6 of A wave.

W will see soon if this possible flat correction will end II-nd wave in downtrend....
Of course it can go higher, but for now I wait for those three levels...
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maybe 3369
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check weekly it can go even higher!
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