I also think

Papybillou wrote: Sat Dec 11, 2021 9:34 pm

very good analysis - downward bias (since 13-06-21 in my book; if you use TLs it may well have been around the 20-06-21)
the only thing: on the weekly EURUSD is at the 61.8 retracement (taking the last move up as reference) + divergence (see below)
But this means nothing as such.
Should price close above 1.138 I will reconsider .
Should price close above 1.149 I may change my mind.
(Continuously speculating about a time horizon before any event that may change the outlook has happened is less than productive)

@

josi wrote: Sat Dec 11, 2021 10:07 pm

did I understood your thought ?

Papybillou wrote: Sun Dec 12, 2021 1:11 am did I understood your thought ?

I don't know anyone who could claim that...

Not easy to translate. I didn't understand that your levels corresponded to the golden zone of fibo in W1. Thank you.

I wonder whether this range will last into the holidays. I have the sinking suspicion that it will.

It seems like I was correct, this consolidation won't be ending anytime soon. It's like that every Christmas.

mlawson71 wrote: Wed Dec 22, 2021 5:31 am It seems like I was correct, this consolidation won't be ending anytime soon. It's like that every Christmas.

Who cares? It`s time for holidays now.

mlawson71 wrote: Wed Dec 22, 2021 5:31 am It seems like I was correct, this consolidation won't be ending anytime soon. It's like that every Christmas.

Who cares? It`s time for holidays now.

True. Happy Holidays, guys!