Looking at my charts, we will have a big fall next week..
Weekly chart:
I don't remember what we call this last candle but it is a sign of a big fall
http://img105.imageshack.us/img105/9029/gjvr1.gif
Daily chart:
On the daily chart, we have completed 50% retracement as you can see
http://img167.imageshack.us/img167/2357/gjog0.gif
4H chart:
We are in a nice downtrend channel, and if we take the fib from 244 to the low of 219, we have completed 61.8% retracement, so to me we should be heading downwards from here..
http://img252.imageshack.us/img252/8899/gjdh6.gif
Weekly chart:
I don't remember what we call this last candle but it is a sign of a big fall
http://img105.imageshack.us/img105/9029/gjvr1.gif
Daily chart:
On the daily chart, we have completed 50% retracement as you can see
http://img167.imageshack.us/img167/2357/gjog0.gif
4H chart:
We are in a nice downtrend channel, and if we take the fib from 244 to the low of 219, we have completed 61.8% retracement, so to me we should be heading downwards from here..
http://img252.imageshack.us/img252/8899/gjdh6.gif
Trade what you see, not what you think.