Re: Trend Reversal Prediction
Update on EUR/USD:
In my earlier post # 17, I projected that the current correction (downtrend) should last until 6/21-6/22 Phantom Exchange Point.
However, that swing occured earlier, on 6/13, and now we are in a brief resumption of the uptrend. The miscalculation in the timing of this Phantom Exchange Point, was attributed purely to my own human error. Phantom Exchange Points are more difficult to identify, than are normal Exchange Points, because the data that are used to identify these Phantom Exchange Points are somewhat 'hidden' - thus the term 'Phantom' Exchange Point. Luckily, within every 'Frame' there are always *only 2* 'Phantom Exchange Points'. All other Non-Phantom Exchang Points are derived from 'visible' data.
At this point, I am expecting this current swing to last for 1 Epoch, which will last until the 7/13-7/18 Exchange Point.
Let's see what happens to EUR/USD by 7/13.
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