DislikedThe entire area between your (3) and (b) is forming its own channel. So far the PA has ignored the bigger channel and I don't see any particular reason why it would necessarily go for the top part of the channel instead of the bottom. And if it goes for the bottom it necessarily breaks the smaller channel with all the chances in the world to continue down.Ignored
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If you are new to Forex? Say Goodbye to your account!!
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- Edited 12:14am Sep 7, 2012 12:00am | Edited 12:14am
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Mohan
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Even the worst trade can close with profit. Just give it time.
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New voice message: Why are you calling me? If I need you, I'll call you!
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Time turns trend. - W.D. Gann
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Mohan
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The Thief of Wall Street
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If you are new to Forex? Say Goodbye to your account!!
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Mohan