I still favor a move to 1.5872 before a strong reversal to the long direction resumes. I think a good target for the long move is 1.6480 at a minimum. I won't make another post until the prediction plays out or I see a reason to reasses my primary count.
I love your support figure...I'll most likely aim for 1.5890/72...could be a big psychological support also.
ReplyDeleteLook at G/U 15/20min (240) chart - 200 day SMA has been Resistance factor for breaking out in the past...to the 1.6200. Looks like another triangle forming today to take it below 15950.