Replies to post #138662 on Simple's Green Room

[pennies2007]

No, I'm in about right here. The 4 hour candle has already formed a hammer on USD/DKK and the EU 4 hour chart has an inverted hammer at the bottom.

They'll move up on EU to make one more new high and one more new low on USD/DKK by tomorrow. And UJ is slated for another new low before it can rally.

That leg up on the TDI is a Wave 1 breakout move but it has to be countered with a Wave 2 back to form the final bottom on your chart.

But, I've been wrong before...LOL!