General overview for 15/10/2015: The recent Elliott moving ridge evolution on daily as well as H4 fourth dimension frame mightiness advise a to a greater extent than decisive as well as imminent bearish reversal is coming presently every bit the 1-2, 1-2 moving ridge designing is clearly visible on this 2 fourth dimension frame charts. As long every bit the score of 1.5657 is non violated the odds for playing the downside are high, although at that spot mightiness survive a 1 to a greater extent than marginal high made into the expanse of 1.5550 - 1.5570 as well as hence reversal should happen. Any violation of the score of 1.5657 invalidates the bearish impulsive outlook.
Support/Resistnace: 1.5817 - Swing High
1.5657 - Green Impulsive Count Invalidation Zone
1.5550 - 1.5570 - Potential Reversal Zone
1.5532 - WR2
1.5441 - WR1
1.5286 - Weekly Pivot
1.5191 - WS1
Trading recommendations: Sell orders for swingtraders should survive considered from electrical current cost levels amongst SL inwards a higher house the score of 1.5657 as well as TP opened upwards for now.
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