What was mentioned when oscillators fall, but price does not fully follow it and it stops for retracement….absolute love this product ! Nor matter how bearish 1 hour chart oscillators are, I bet this is going to hit 1.3100 as 50% retracement and propably overthrow it before impulse road down starts….we have a lot of more zigzags left in all 3 timeframes now, (1, 5 and 15 minute). That´s not going to happen today.
It´s techncial trading & retracement & nano waves trading now on. I think this is traded very deeply by EW, because all big price competitions occures allways when any alternate situation occures, nor matter how small timeframe it would be or perhaps it´s just natural order….