EURUSD
WYCKOFF-
Accumulation, Markup-ABCD, Distribution, Markdown.
I'm using a Fib to theorize the pivot points, and The extension for the final TP.
Looks like a resistance zone is hit, once the descending triangle is complete, we will see a major fall hopefully.
A few things to keep in mind, Growing trade tensions will affect USD value....
This will be a running analysis, I will update as the chart progresses. I have a long theory also, but the probability math points towards a short.
Also, This is an easier way for me to explain fourier series equation. I used base numbers from FRED to give me forecasting points which I confirmed through fourier series plots. Just thought Id share.
Accumulation, Markup-ABCD, Distribution, Markdown.
I'm using a Fib to theorize the pivot points, and The extension for the final TP.
Looks like a resistance zone is hit, once the descending triangle is complete, we will see a major fall hopefully.
A few things to keep in mind, Growing trade tensions will affect USD value....
This will be a running analysis, I will update as the chart progresses. I have a long theory also, but the probability math points towards a short.
Also, This is an easier way for me to explain fourier series equation. I used base numbers from FRED to give me forecasting points which I confirmed through fourier series plots. Just thought Id share.
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