Chinook's EUR/USD (E/$)Mumblings

Yes, don't put too much emphasis on the fundamentals and study Elliott Wave.
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1.2900 is the top, downhill from here.

 

OK one more move up, then downhill.

 

No, I think you called it right. 1.29 is the top.

 

I feel 1.2911 (Aug 10 Midnight PST) is the top. It just had that last move up after that other post I made. But yes in general 1.2900

 

Anyone feel that the EUR/USD is making a head and shoulders formation on the weekly (with the first few months of 2004 being the left shoulder)?

 

daily perhaps it will climb........ than complete the weekly HS you see.......

 

weekly

 

I'm thinking we are heading to 1.1800.

---usdBull

 

The 1.2910/11 level will be very key.

If it breaks above, it's 100 pips easy. If not, then it's look out below.

 

Up up and away? ... Nope, down down and come hither. Get short!