Evidence starting to stack up for major move higher for the 1.11"s/12"S eventually we have seen a minor i ii iii iv v from 1.0516 to 1.0945 backed up with Elliott wave and fibo and in corrective mode since 1.0945 top.
127.2 fibo EX from v I to A I to B II in at 1.06046 and 161.8 fibo EX in at 1.05483 and a five wave correction from 1.0945 top Bulls should start to get interested only a break below 1.0490 would cancel this view i am looking for a break of v c III and holding to confirm at 1.0616 any thoughts are most welcome.
Best Regards jt
127.2 fibo EX from v I to A I to B II in at 1.06046 and 161.8 fibo EX in at 1.05483 and a five wave correction from 1.0945 top Bulls should start to get interested only a break below 1.0490 would cancel this view i am looking for a break of v c III and holding to confirm at 1.0616 any thoughts are most welcome.
Best Regards jt