EUR/GBP Local Parabolic Support.
The EUR GBP is trading in a Parabolic horn rooted Aug 28'18 High. the price Jag extrema has been limited by this Form through 10 Dec '18. This break out is rooted in the 13 Nov low, which broke resistance and began a New market. Solid Green curves account for this change of temperament.
25 Jan '19 marks the beginning of the current Convex Parabolic Horn, Solid Orange; the Jag is ascending along this curve . The jag is a bit disorganized but has the texture of organic market. forces. Solid Yalow Rooted in the 30 Oct '18 High and is involved int the Solid green Parabolic features is also involved.
12 Feb '19 there is intersection of 'abolas. this is a market timing indicator. Both of this Solid Green 'abolas have proven diagnostic in recent moths .We need for the current rally to develop to tweak the curves it the jag is hearing . It can signify a leap to Dashed Blue as support or resistance provided by Dashed Green and a descent to lower curves. In that case we may be see Solid Yellow Concave channel to provide resistance or even lower, to Solid Red / provide the resistance.
The Situation is that Solid Blue Horn is disorganizing but could still be effective.
I hope this can help you trade with a bit of insight. I have now published series of charts that have proven prescient in 7seven to fourteen day range.
Thank you for your interest
25 Jan '19 marks the beginning of the current Convex Parabolic Horn, Solid Orange; the Jag is ascending along this curve . The jag is a bit disorganized but has the texture of organic market. forces. Solid Yalow Rooted in the 30 Oct '18 High and is involved int the Solid green Parabolic features is also involved.
12 Feb '19 there is intersection of 'abolas. this is a market timing indicator. Both of this Solid Green 'abolas have proven diagnostic in recent moths .We need for the current rally to develop to tweak the curves it the jag is hearing . It can signify a leap to Dashed Blue as support or resistance provided by Dashed Green and a descent to lower curves. In that case we may be see Solid Yellow Concave channel to provide resistance or even lower, to Solid Red / provide the resistance.
The Situation is that Solid Blue Horn is disorganizing but could still be effective.
I hope this can help you trade with a bit of insight. I have now published series of charts that have proven prescient in 7seven to fourteen day range.
Thank you for your interest
Yorum:
It predicted the bottom.
