
Most of the timings yesterday pointed to pullbacks allowing us to enter trades in the direction of the SMA 21 (major trend) and yielded reasonable profits.
The last HAT updated later in the day (16:30gmt) gave us a solid 150+ pips.
“The time factor and time periods are most important in determining a change in trend because time can over balance price, and when the time is up the volume of sales will increase and force prices higher or lower” - W.D. Gann

A potential 90+ pips move along the major trend (clearly signified by the uptrend green SMA 21 ) started around 12.30gmt.



After taking a dive from point A for about 250 pips, EURUSD stalled for a pullback one bar before the forecasted 11:00 gmt HAT at B.
USDCHF was a little more straight forward in its move. It prepared itself for a launch at the forecasted 15:00 gmt then on the next hour it "took off" - a total of about 80 pips from A to B.
The EURUSD came down from A to B for about 50 pips and experienced a pullback to C during the forecasted 15:00 gmt. Then continuing its journey, it went down for about another 50 pips to D.
EURUSD penetrated sharply the lower parallel support area this morning and the question now is "Will this level hold?".
Price made a small reversal - more of a pullback I should say, from the forecasted 12:00 gmt (+/- 1hr), a total of 32 pips from A to B. A more outstanding action followed from point B onwards when price continued its southward journey to point C - for a cool 60+ pips move.
From the forecasted 9.00 gmt yesterday, EURUSD made an 80 pips reversal. Capturing even 1/4 of this is still an adequate profit.
