Dislikedin a previous post i mentioned the pattern played most these past few months is the W or M reversals (double top or double bottoms). If one big bull candlestick is drawn to fill in the gap over the weekend....this double top scenario does seem to look like an M. For it to be confirmed, 1.2930 or so would be the neckline which has to be broken which would lead to a further decline around the 1.2870 level (equal distance from heads of M to neckline). On the other hand, if 1.2930 acts as strong support (now that the weekend gap has been filled)...we...Ignored
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