If we break 2695 level EU will target 2560 level. Looking at a daily chart 2568 is 38.2 @ fibo retracement. If u negate 23.6 where stops are met, heavy selling could bring us to 2000 levels I have stated yesterday....Decline must not be fast because ...

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until 1.2568 is broken 1.35 is still possible...

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2817 is crucial, it will make a bearish engulfing pattern ( h4 ) and that means a continuation of reversal.

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bull cant retest 3000 levels while being pushed below 2939, OBV divergence unconfirmed.

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Always been a good tactics to avoid losses

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2939 needs to be broken and thus OBV divergence confirmed, only then we can see 2980 (3000 ) levels. The main concept of OBV is that volume PRECEDES PRICE, so OBV divergence along with MOMENTUM is the STRONGEST possible divergence

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3000 possible — H4 is perfectly aligned for an upmove. From this chart we can see that EU touched -2 octave ( extremely overbought). Because of that an upmove was imminent...First target 2939... We may see 3000 levels.. Long moves should be ...

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possible on balance volume divergence — There is a possibility of OBV hidden bull divergence @ h1, that could confirm a trading range 2878 > 2939>2970 image

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I dont judge ur TF, I judge u.. And ur grade is a+ for that... Good understanding of octaves

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why laugh? U follow MM lines perfectly so far

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Always mate

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I got 2568 on my fibo chart....dunno where it is atm , i was sure to have a snapshot but ill try to find it

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Thats why I advise trading until europe is closed...overtrading is obsolete, and can make ur account dip ;D

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yep 2939-35 if the volume is enough to push it there

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Vill, Do I see a 38.2 fib on that chart? Thats 2568 on mine If i see it correctly.. From that chart we can see that a daily TL has been broken...good one but needs 2568 to hold if bulls wanna keep the uptrend

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stay calm — Guys its too early to reject bulls completely...just remember 25xx level will withstand this reversal/retracement if this is a pullback towards 33xx, well 35xx levels 2695 needs to break..2568 standing as a Bulls' major fortress

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Well done, I agree

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He is already on my iggy list

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Ok i need a beer....or a redbull..The choice is yours ;()

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Here u go mate I know something dont i? T

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