Simple's Green Room

[Qui-Gon Kagi]

sdc......here's my weekly chart showing that EG is hitting a prior support line as current resistance (ascending heavy red line). That may stop upward price action.

I have circled in yellow where price action is only 75 odd pips from hitting a weekly fib box 100% line. I'm seeing where that stop the price action dead for an immediate reversal.

You already know where the price is in relation to the upper orange channel line on this current weekly wave up. It's only 30 to 40 pip from that trendline...

And price action has moved up to the quad tunnel which has tightened to a thin set of lines. Maybe SG can tell us what that means in terms of potential reversal in price action..