Not far from July low around 1861
Should offer up some good support/resistance
Will take a long if bounce off this
Arco, also looks like reversal point of one of the butterflys to my untrained eye
Cheers
slam
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Not far from July low around 1861
Should offer up some good support/resistance
Will take a long if bounce off this
Arco, also looks like reversal point of one of the butterflys to my untrained eye
Cheers
slam
Hi Slam
Yes the action is fluttering within the Butterfly Potential Target Zone, so a reversal could be imminent. Oscillator is also in divergence.
arco
Here's the chart, (still needs the overnight candle to be added).
Giving a circa 680 pip run.
http://www.khalsaspad.com/files/10042005_112.gif
arco
Tightened stops to 1.2105
imo some retrace here as it has run hard for 2 days and is sitting on 38.2 fib
Next Target .227ish
Arco, any Gann info about;)
Cheers
Slam
Morning Slam
Major Gann 2207 if it holds......so just trying a wee short @ 2181 (no guarantee it will work [B)])
arco
Cheers arco
Thought it was butting it's head against something
your short short may pay off:)
Slam
Short target hit around 2 am +80.
Totally flat now.
Have a good weekend all.
arco
Looking to re-establish long after being stopped out on Friday.
Reversal from correction (2) not finished yet though imo
c still to come
Then again I could be talking horse sh**t[:I]
See what today brings first
Cheers
Slam
Hi All
Looks possible EUR will fall further as mentioned previously towards the 1.1719 region (blue line)and at some point reverse back up towards initially 1.2329, perhaps stopping for a breather around 1.2207. The action appears to be setting up a possible Wolfe Wave pattern.
arco
http://www.khalsaspad.com/files/1013...gridww_151.gif
i've sold a little bit of Eur at 1.1987 ....