As per prior post, there was a failure of the double top that was forming as of yesterday.
Now if we get in the next couple of days a failure of the failed double top.
The failed double top is a pattern.
In other words the Euro bulls get pounded. Then we can have a really good entry when that occurs.
The Euro is in the drivers seat for now. But an exhaustion of the seemingly inexhaustable bull would set up a large move down.
edit: purists would have wished to see a break of the 1.3700 level and we only got to 1.3800. But everyone sees and trades with their own microscope.
Now if we get in the next couple of days a failure of the failed double top.
The failed double top is a pattern.
In other words the Euro bulls get pounded. Then we can have a really good entry when that occurs.
The Euro is in the drivers seat for now. But an exhaustion of the seemingly inexhaustable bull would set up a large move down.
edit: purists would have wished to see a break of the 1.3700 level and we only got to 1.3800. But everyone sees and trades with their own microscope.