General overview for 29/10/2015 09:50 CET
After recent developments, a triangle idea of wave B blue was abandoned and charts were updated. It looks like the corrective cycle is evolving a more complex
and time-consuming triple-three complex corrective pattern where wave Z black must be already completed. To complete this wave, the market needs to break below the level of 131.07. From that level, the re-bound and trend resumption is highly possible.
Support/Resistance:
131.28 - WS2
131.54 - 223%Fibo
131.58 - Intraday Support
132.28 - WS1
132.68 - Intraday Resistance
Trading recommendations:
Day traders should refrain from trading until the next trading setup will occur.
