Contrtary to the majority of estimations i am obliged to deposit my personal estimations and what i can observe till now.
The technical elements that have been assembled up to now drive to the corrective structure since it started from 1.3680 highs.
This formation with abc equal waves or zigzags or double zigzag if follows is not an impulsion at all.
This statement will be in effect as long as 1.3370 level remains and doesn break down.
This is the level that 1.3680 has been derived from in combination with 1.2864 and additionally the previous significant high and now the 38er retr 1.3680-1.2864.
Below that level the opinion changes.
But wherever between 1.3410 or 1.3390 or the minimal one as described 1.3370 a new ascending wave like five can start.
With a lot of resistances and countings ahead it can go towards new highs extended the previous 1.3680 and till 1.3870.
We ' ll be observing this contrary opinion of mine.
Dimigon,
Athens-Greece
Press daily real time chart to enlarge.
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