DislikedI don't have time to post charts as I have other things going on and I'm a bit late posting this anyway. But when price broke below last week's close, I saw that as confirmation of a bear move.
I like ...
- The channels drawn by a few of the guys below
- 60ema on 1hr and how neatly it has capped price recently
- Jim's observation of the Evening Star
- Downward trend line drawn between last two 1hr swing highs
- Price remaining reassuringly under the 5ma
- How price retraced at 78.6 level (plotted using yesterday's high and low) - (It was also around the 38.2 fib from last week's high)
- Support signs around 1.9655
- Weekly bearish candles
- Downward trend lines on 4hr and daily charts
Good bear movement on the Euro this morning as it retaced after hitting 61.8 level.
RobIgnored
Check out current price action, 15m & 30m candles and stochs/RSI (oversold) and 61.8 fib from yesterday's low to today's high.