General overview for 09/09/2015 09:30 CET
The level of 134.68 was violated, so the green impulsive count to the downside had been invalidated. The bottom for wave C black is now set at the level of 132.22. The current corrective structure labeled as abc purple might just be a part of a lager corrective (a)(b)(c) blue cycle with targets at the levels of 135.59 and 136.38.
Support/Resistnace:
136.68 - 61%Fibo
135.81 - Intraday Resistnace
135.59 - 50%Fibo
134.80 - WR1
134.25 - Intraday Support
133.50 - Weekly Pivot
Trading recommendations:
Sell orders from the level of 136.68 should still be in play with SL above the level of 135.10 and TP at the level of 134.25 and 133.50.
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