The hour candles did go up just a little to briefly poke above the top channel. That is very normal and Is why I started with a very small position Sunday night. Also in my previous post I was looking for the red fractal indicator to show up above the modified stochastic and that also happened. Right now we have a nice 3 waves down, so I am waiting to see if we get a five down structure. if we do then I will wait for 3 waves back up and then short a larger position. Things should accelerate if this happens. If this move only makes 3 waves down and then makes a new high then the Euro will be going up a while longer.
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