therealgramps

therealgramps

This is an overview of the GU chart with labeling, patterns and trend lines

therealgramps

EUR may gain some strength going into next week. New trend has begun and it may begin flagging on the B-C wave for another move up.

therealgramps

The EUR is reaching a critical level against AUD and CHF. It could make it to that level and make a big drop after a 1-2-3 wave correction.

therealgramps Updated 

The pair seems to be diverging here on the 4hr. Getting ready for a big break out to the upside. Also, the EUR is getting stronger against other pairs. All except the AUD. I would consider buying AUD/CHF and this pair EUR/CHF for the rest of the week and into next week. After it reaches 1.0758, get ready for a huge short.

therealgramps

Please realize that this is my first post and I am new to forex. Based on the structural indicators that I set up using the Fibonacci and the equidistant channel, I predict that the chart can take either one of two course of actions. It can go long and peak at where the previous tweezer top formations were creating a head and shoulders, then continue to make its...