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01/23/2012 Intraday Watering
Re: 01/23/2012 Intraday Watering
I think we must be speaking of two different people. He's only done extremely meticulous work and we speak a lot. He would not "dupe me".thanos wrote:Are you sure that isn't Steve O's nuts after one of his crazy stunts? You might have been duped!SWalsh wrote:There is a rounding pattern the mkt is still considering. This was shown to me by a gentleman named steveo in Hawaii. Until this takes out 1340, under this time-tested methodology, we could be topping:
back to bed.
"I told you...................bring me everyone"...http://www.youtube.com/watch?v=MrTsuvykUZk
Re: 01/23/2012 Intraday Watering
EURUSD: The Assumed wave (B) Rebound.
Price is approaching horizontal resistance at 1.3077 and the 50 dsma=1.3077
If the next pullback is corrective and does not breach the 10 dsma = 1.2837 then price could be shaping the right shoulder of a bullish IH&S pattern. This bullish pattern would have a target at 1.3536, which would allow price to almost reach the origin of the Ending Diagonal that established a bottom o January 16.
Anyway the area between the 0.382 – 0.5 retracement should be achieved by the assumed wave (B) up.
Price is approaching horizontal resistance at 1.3077 and the 50 dsma=1.3077
If the next pullback is corrective and does not breach the 10 dsma = 1.2837 then price could be shaping the right shoulder of a bullish IH&S pattern. This bullish pattern would have a target at 1.3536, which would allow price to almost reach the origin of the Ending Diagonal that established a bottom o January 16.
Anyway the area between the 0.382 – 0.5 retracement should be achieved by the assumed wave (B) up.
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