General overview for 23/09/2015 08:40 CET
The wave c green of the wave (b) is almost completed and any breakout above the intraday resistance at the level of 133.74 will be bullish. Please notice the corrective cycle to the downside labeled as abc purple might be a part of a five wave impulsive cycle (alternative count).
Support/Resistance:
132.22 - Technical Support
133.45 - WS2
133.73 - Intraday Resistance
134.35 - WS1
134.79 - Technical Resistnace
Trading recommendations:
Daytraders and swingtraders should consider opening buy orders with SL below the level of 133.00 and open TP at the level of 134.35.
