River,
gotta run now, so just stopped by to say nice call on that long break out!! ill try to post some things later on today.
gotta run now, so just stopped by to say nice call on that long break out!! ill try to post some things later on today.
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DislikedHere's a daily chart, showing a double top with a lower close on yesterday's candle, also there is a significant resistance at .7920-40 level. However today's candle is becoming a doji so we might see a retracement to the upside before heading lower to the lower boundary of the expanding triangle. It is possible that price will react to the blue long term trendline. I'll be looking into entering a short once I see some retracement from yesterday's decline. The stop loss will be above the .7920-40 level, making it a small risk trade. What do you think?Ignored
Dislikedzawodowiec
Want a little confirmation on the blue line trend?
Try to connect the 12 Nov 06 low, with the 30 Jan 07 low, and the 12 Fev 07 low! What do you see? Perfect Match. ...Ignored