Masterforex-V_Shark

Masterforex-V_Shark

A FZR down of h8 Wave Level hapened today (inside the mid-term flat) - This FZR can trigger a FZR down of higher TF (d1)

Masterforex-V_Shark

New MF Protective pivot is created (1.7060). As long as this pivot is not broken - trend up will proceed. If price will break through the protective pivot = trend up of wave level h4-d1 (thats started from 1.6680) - will stop at least. To turn this trend around, a FZR of appropriate wave level is needed.

Masterforex-V_Shark

Eur/Usd pair has now entered to the Mid-Term Flat. And it is facing a "Moment of True" at the moment. UP - "New FZR" - and prolongation of Long-Term Trend Down - FZR - and start a new Long Term Trend down.

Masterforex-V_Shark

As mentioned before - as long as MF protective pivots are not broken - trend up will proceed. Now we have a "New Reference Point MF". And also a New protective MF pivot (please see picture)

Masterforex-V_Shark

Mid-Term Trend Up will proceed as long as MF protective pivot is not broken. Broken MF pivot - will mean, that the Trend up is now stopped (at least). To turn this trend around FZR down is needed.