Bunch of charts for you guys.
Stochastics are SLOW
15,5,5
22,5,11
1. 1H divergence and pitchfork
2. 4Hr divergence and pitchfork
3. Daily divergence
4. Weekly divergence
5. Monthly Trendlines
6. Another
I posted the black pictures on other threads before, but 1.4750 should be heavy resistance on the monthly. If we close a month above this level, it could get scary for shorts. If you believe in trendlines and slow stochs/divergence one could make a relatively low risk/reward play with stops above 1.4880 or so.
I'm still heavily short biased with 1st target around 1.4440 and 1.4380. But we could see 1.4180 before another leg up in the new year. Let me know what you think.
Stochastics are SLOW
15,5,5
22,5,11
1. 1H divergence and pitchfork
2. 4Hr divergence and pitchfork
3. Daily divergence
4. Weekly divergence
5. Monthly Trendlines
6. Another
I posted the black pictures on other threads before, but 1.4750 should be heavy resistance on the monthly. If we close a month above this level, it could get scary for shorts. If you believe in trendlines and slow stochs/divergence one could make a relatively low risk/reward play with stops above 1.4880 or so.
I'm still heavily short biased with 1st target around 1.4440 and 1.4380. But we could see 1.4180 before another leg up in the new year. Let me know what you think.