The break below 96.31 was never sustained (small bear trap), which has kept wave moving closer to the 38.2% corrective target at 100.04. However, we should be close to the top of wave 4 and see wave 5 of C take over soon for a confirmed break below 96.22 for a continuation lower towards the ideal wave 5 target at 87.32.
Hey EWS Turkey on steriods quite appt for this time of year looking at 2.11 2.12 before down. Like your audnzd trade setup pushed back in your under trendline going to be a good one for the new year waiting for one more down if it comes to 1.08/1.077 before entry or a blast through 1.0855 on the weekly.Had a great little ride on Eur down and like you looking for correction and the same with Chf but up.
ReplyDeleteWould like to take the opportunity to thank you for all your hard work and the education you provide on your site.
Wishing you and your family a great Christmas and a prosperous 2014 and if you ever get to the UK i owe your a beer or two.
Best Regards jt
Hi JT,
DeleteThank you very much for all the kind Words.
I'm really greatful and just glad if you find my Work of value.
I think USD/TRY will make it to 2.11 too, but yu probably will not see AUD/NZD back towards the 1.08 Again.
Wish you and your Family a merry Christmas too and a properous 2014.
Will look forwards to a beer or two with you the next time I'm in the UK.
Kind regards
EWS
I could not have said it any better, so I echo JT's eloquently stated words. Have a great holiday EWS and followers!
ReplyDeleteThanks again for all your work EWS!
Duane
Hi Duane,
DeleteThank you very much to you too.
I wish you and your Family a merry Christmas and a prosperous 2014.
Kind regards
EWS