Correction almost finished by now in NEO/USD

25 dic 2017As the bouncing patterns in almost all CCs still remain "corrective" after the wideranged pre-x-mas- plunge(no-intime ups here in NEO), NEO-USD after doing another steep-dive to the low 4x,xx(fourties) area with a nice chance to short this move from here at 59,xx. There should be a another test of the floor being formed in the plunge, there will be a long chance building then in the low or mid 4x,xx area, but we clearly need to see the post-x-mas-buyers coming in, who will then bring the moves into a steeper more euphoric mode again,so in time ups and thus valid impulsive patterns will show up, to mark this whole x-mas nose dive event as the MACRO wave II, of an overall I in this and almost very other so steep performing December CC-pairs...and we are all for a decent and astonishing MACRO WAVE III up,up,up ath the beginning of Jan18.. But till then, the short trend is actually still active, on the longer view: long from the still forming floor, which will have to be tested for at leat 1 time , again, building some lower highs,restesting the base. That is at least how I read the charts. Cheerio Miss Sophie

25 dic 2017

Commento

25 dic 2017

Commento

After doing the EW-Analysis on it, I would come up and suggest this pattern, finding it highly possible, that demand-Zone II will be reached in the move of c of (II), but then , Ladies and Gentleman, fasten your seat-Belts, cause NEO will then be about to get his wings in a propulsion thrust of a wave (III), (no Telephone cabin ringin' will make him come down again after that move...)