Mika's Commentaries

Aug 12 2010

Eur-Chf,

Amazing EU morning, I just shorted one impulse with eurodollar and it plunged allmost exactly 100 pips just like that even key market were not open yet well. There wasn´t even any pattern on there, just 1.382 size W5 ;)

I can´t see any bullish pattern anywhere actually, currently but I bot long based for purely EW fibos with this Eur-Chf. Those fibo sizes are pretty perfect in here to potentially end one impulse even 4H chart is ugly as damn.

My stops are set as tight as 15 pips and I will leave it to run for afternoon at least. 

ABC set again to full larger degree wave again and change it ?

eur-chf.png


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