Here is my TP guys. She will eventually end up here by weeks end, I believe.
Jim
Jim
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Dislikedtry etradespreadbetting.com
3 pip spread and they dont liquidate open positions overnightIgnored
Dislikedi guess you didn't have to be a rocket scientist to know that news was going to be bad, and it wasn't all that bad so it didn't effect the market...Ignored
Dislikedi guess you didn't have to be a rocket scientist to know that news was going to be bad, and it wasn't all that bad so it didn't effect the market...Ignored
Dislikedi guess you didn't have to be a rocket scientist to know that news was going to be bad, and it wasn't all that bad so it didn't effect the market...Ignored
Dislikedwhich part of it wasnt all that bad ? It was terrible and much worse than expected - the market is just jittery at the moment - 3 months back when it was trending - news like this would have thrown the usd off by atleast 80 pips - but not now - most investors are looking at closing whatever they can and repatriate their moneyIgnored
Dislikedit can't of been too much worse than expected because the market still hasn't gone up from when it was announcedIgnored
Dislikedwe still in the middle of nothing....
to me that a bullish wedge..i suspect a break to the upside target around 1.83, not trading it thou...lol
or it may be a descending traingle...really not sure if descending traingle then down otherwise up, its very hard to say.
what do u guy thinks ?Ignored
Dislikedhi navin i think that the TL resistance you draw (the inner one) is bad drawed, if you draw it a little more below from its actual place you can see that its already break, makin a pullback and searchin for the exterior resistance. You can see that little move make coincide the TL with the resistances of the Fibo you put in the chart.
and yes, it's a bullish wedge.
i'm long @ 1.7855 since 12h ago (i'd been -55 after news, now i'm +30)Ignored
Dislikedthanks buddy ....i did think it was a bullish wedge especially since we have a pole, when it goes up it will fly.. second trendline just there for reference really..good luck with the tradeIgnored
Dislikedbullish wedge, just like GOLD, and is broke now... I think gold will touch 836 soon. so, gu move up too....Ignored