Dislikedout of curiousity...what is todays pivot?
the reason i ask is because the daily candlesticks as they stand suggest continuation up with a much greater rally. but since we all seem to have a bearish bias...this current daily candlestick should not retrace more then lats say 50% of the previous one which puts the value at ....1.3300Ignored
Too bad I didn't reenter short when that level was reached as I was sleeping
Anyways..here's how I see things now and just a choppy consolidation within the channel walls...flat at this time and will use any return to higher levels as a shorting opportunity. Levels I am watching are 1.3225 as it should be strong resistance and if it isnt...the upper wall.
I'm not so sure anymore that if we break 1.3130 we go south hard....we may go down slowly.
Different opinions highly valued, ignorant to slander.