Suthmo

Eur/usd Ending diagonal/ falling wedge stops under 1236.

Long
Suthmo Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Eur/usd keeps grinding lower, but clearly a reversal wedge or triangle is formed up and reversal coming.
Core projections are being skewed lower or stretching out in time with every 6 wave to 7th wave for all waves in the last few weeks.
I'm holding long with stops under 1.1236.
Comment:
Core projection It's 1.1250 revised up buy @ 1.1250
Comment:
Moved higher in wave 6 that likes to pullback upto 88% of 1 to 5.
Comment:
New Science Alert. Each degree of waves extends out and terminates exactly at a Fibonacci extension level for each degree.

The core projections kept pushing out lower running my stop level. I been stressing out as each wave telling me they're going lower.

The outer degree Waves extended out beyond +161.8%, they'll terminate at +423.6%. Sub waves will terminate at +261.8%. Sub sub wave's will terminate at + 161.8%.

4th of July 2019 Giant leap forward for wave principle.
Comment:
We're slowing down, exaggerated sub waves divide into lesser degree's of waves. There will be a bottom and then we'll start building a new move up starting at the lowest time frames progress will be slow at first. Then somewhere in time we'll see the lower degree waves check off an outer degree wave and then the game tempo changes as we move to complete first new wave of higher degree's. Suddenly the speed and distances of waves increase dramatically when we move up from the lower time frame to back to higher time frame moves there you will find NFP
Comment:
Not eFecting Price day. ten years of watching NFP I've never seen it move wave projection out of range more than 30 points and NEVER has it moved projection out of the parent wave of one higher degree. I fit occurs as price is hitting 1250 I would allow another 30 points below for spikes.
Comment:
Short position closed at 1260, lower trend line has been crossed stopping 5 pips from target at 1250. in 46 minutes the brokers will start jacking up spreads for the NFP (Not eFfecting Price) report.
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The last degree seventh +161.8% extension projection lines up exactly with 1.1250.
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Edit ^ We've seen the first 3 degree's line up exactly with all the fib extension levels, there's two more degree's the penultimate one lines up with +161.8 at the target 1250 also. It divides into yet another degree completing the 5 degree's above the level of tick chart, all locked by Fibonacci extension ratios at the revesal point. New science alert.
Comment:
I'm getting stetched again The last degree seventh +161.8% estension projection lines up exactly with 1250. +261 at 1214 + 423 at 1147 I hope the 161 puts the bears back to bed.
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Edit ^ the last degree + 161.8 lines up exactly with 1243* I'm mixing up mesages as I copy and paste them to multiples blogs.
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30 M long lower shadow rejection of lower prices below 1243
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Feeling like the boy who cried wolf. I've calmed down, adjusted my wave count, topped up my account / re calculated projections again and updated multiple blogs Il can see the last degree 7th +1618 = 12328.
Comment:
It's lining up with +261 for the next higher degree. Ending diagonal falling wedge is emerging. I cant watch this all day I need to go soon.
Trade closed: target reached:
I'll start a new chart for this pair.
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