Hello Yardbird...Noor...Pelle...Everyone...
Quote:
The Euro has another All-Time High @ 1.5983...and Euro Sell's @ 1.5980<>1.5982 are activated as a South Reversal ensued for which further higher Sell's were not yet achieved and we have Exited these Sell's @ 1.5870 as the Positioning for a Euro Top/South Reversal within the 1.5980<>1.6025 Zone is ON.
Key to another Euro advance within our Sell Reversal Zone is Spot Gold having an advance above the Key Fractal @ $948 onto $956 which will have the Euro entering our Sell Reversal Zone @ 1.5980<>1.6025 once again...as the Market will attempt to unseat those Positioned within this Zone with another Spike High/South Reversal...therefore we have Exited this false South move for a quick fade profit to wait for better Sell Entries within this Optimal Sell Entry Zone @ 1.5980<>1.6025 as the return will be a sharp and decisve High into this zone and an equally sharp and decisive decline thus building momentum and Sell Positions that will be immense enough to take out Stops back 1st @ Key Fractal Support @ 1.5820<>1.5800 to 1.5675<>1.5690 thus forming the inceptions of this Euro Top/South Reversal.
Let's Time the Wave for another advance into our Euro Sell Zone/South Reversal @ 1.5980<>1.6025 as the Market on this 1st decline attempt softens Supports and disorients Positioning...for which we will be patient for it's rewards by reserving Front Row seats.
Spot Gold has soldoff after a rejection @ the $940<>$950 Zone to a Low @ $907....We are ready to Buy Cable and the Euro for an advance North.
Euro Buy Zone @ 1.5710<>1.5735
Euro Buy's activated @ 1.5725<>1.5727<>1.5730
Target ...Open
|
The Euro has advanced nicely off our Optimal Buy Zone @ 1.5710<>1.5735 and we are well Positioned for another North advance as the Euro has reached it's Apex in Time and I will hold these Euro Buy's @ 1.5725<>1.5727<>1.5730 into the upcoming Open for another potential retest into the Euro Top/South Reversal Zone @ 1.5980<>1.6025 that I have posted on for weeks as the Euro currently and into next week is having it's rendevous with it's 2 year Curvo Time Linear... and I'm Positioned for another advance into the Euro Top/South Reversal Zone for Optimal Sell Positions within this potential Zone as the Market measures and softens the Support stabilty in it's pre-Reversal phase of these current declines of the week to calculate and accomplish the neccesary Sell Position flow as the Euro shifts from an Accumulaton to a Distribution phase to achieve what is currently in its inception a Euro Top/South Reversal...Euro High currently @ 1.5812 heading into the Close of New York.
As Always Thank You All for your Market Positions and perspectives.
Enjoy your Weekend Everyone.
IRIS FX
Licensed Brokers
Linear Mode
