Folks,
I've used yesterday's screenshot to show this as I don't want to draw it again. I believe that we have room to reach the bottom trend line which goes off the page (just below the red box). About 1.9580.
This ride down has accumulated 245 pips since yesterday and now things are shaping up for the next move back up. In my opinion, it could be just as lucrative.
But I could be wrong.
A ton of news today so I'll be trading with extra care.
Rob
I've used yesterday's screenshot to show this as I don't want to draw it again. I believe that we have room to reach the bottom trend line which goes off the page (just below the red box). About 1.9580.
This ride down has accumulated 245 pips since yesterday and now things are shaping up for the next move back up. In my opinion, it could be just as lucrative.
But I could be wrong.
A ton of news today so I'll be trading with extra care.
Rob