I interrupted my hollidays and pre-honeymoon to say I´m a little surprise with raising voices here telling Price action can´t be predicted, etc...but if think so, How can you trade or be on forex??? you´re planning to trade on reaction? it won´t work...a few posts of mine about the situation where we are:
and another on august 23th:
the many times price went here and after react down were profiting trades..
Dislikedthe right point that matters on that trendline (trendline which I´ve posted every single day of this week, as the target of 1.2620), is the touch that will occur in next week, 1.2632(the point of trendline next week), and 1.2632 should be the high for next week..
... beside of that RESISTANCE at 1.2620/40 that I´ve posted too much timesIgnored
DislikedNOw, it´s the time for everytime price reaches 1.2600 we go short...depending on your strategie, you can open and close several times shorting 1.2590 till 1.2630...40 pips range for good and profitable shorts!!!open // close ; open // close...repeat!! but, it will arrive the time when you open, and wait for 200 pips down or more to close...graduallyIgnored