Now price is playing around very important point 200.07 which is 50% FIBO from low 15 Sep 2000 – 149.08 & High 20 Jul 2007 – 251.06.
We had a strong down move ~4100 on Daily without 50% correction since 1 Nov 2007 – 241.31 till now.
We would see a ~2000 pips 50% correction any time in a future. Weekly QUE is near 30 and is time to go up, but daily one has some more room to go down. Fundamentals are not showing a lot at the moment. I think Karmo is looking for that kind of correction.
Any comments are well come.
We had a strong down move ~4100 on Daily without 50% correction since 1 Nov 2007 – 241.31 till now.
We would see a ~2000 pips 50% correction any time in a future. Weekly QUE is near 30 and is time to go up, but daily one has some more room to go down. Fundamentals are not showing a lot at the moment. I think Karmo is looking for that kind of correction.
Any comments are well come.
It’s just emotions & money