the gc seems to want to crash. the tip off might come with the EUR .... if it breaks hard, it should trigger vastly lower numbers.
ignoring cycles means the a market has much bigger ideas.
there is no sensible way to enter vertical markets. you have to just close your eyes and enter. preferably with an option. if it comes to that. selling EUR on a close today below 1.2837 would be a good bet. I miscalculated the neckline price before.
:-)