General overview for 11/12/2015 10:15 CET:
The current wave progression has been updated, and a new count suggests an ending diagonal pattern to be completed at the top of the wave 5 purple. There are still two missing sub-waves inside of the pattern to terminate it, but the multiple bearish divergence suggests rather fast completion and downside breakout.
Support/Resistance:
1.3621 - Intraday Support
1.3555 - WR3
Trading recommendations:
Swing traders should consider closing long-term buy orders as the cycles on the higher time frames suggests possible completion of the five wave impulsive development and an imminent corrective cycle ahead.
