DislikedHi,
There is no proper chart to show profit taking.
But here is my reasons why i said it was not profit taking :
Since it broke 1,3250 it went down on low vol, all the volume appeared on the doji (H1) or compressed bar (for me a compressed bar. The volume was high went it hit the support, then it bounced off.
From my experience when i see big vol like that its not profit taking but people positioning in a trade.
i will try to post a chart detailing what i said.
Now the highest daily target is 1,3385.
targets for longs are
1,3265-80
1,3300-10
1,3385-1,3400
We'll...Ignored
Cheers
"Put your shoulder to the wheel!"