Told ya London boys were out to screw some over before headed to the pub
Okay, so the 6600 line remains intact for the week. And with only about 200 pips below to what I firmly believe is the top based on my own charts, I will remain bearish till proven wrong.
However it does look like we're going to bottleneck going into next week based on the narrowing utl & ltl, which means that consolidation is the likeliest scenario.
But once a breakout happens, it'll be very violent.
So Tony, looks like you have a case here:
http://www.forexfactory.com/showpost...stcount=136901
Superb foresight my friend
Good luck everyone & enjoy the weekend.
Okay, so the 6600 line remains intact for the week. And with only about 200 pips below to what I firmly believe is the top based on my own charts, I will remain bearish till proven wrong.
However it does look like we're going to bottleneck going into next week based on the narrowing utl & ltl, which means that consolidation is the likeliest scenario.
But once a breakout happens, it'll be very violent.
So Tony, looks like you have a case here:
http://www.forexfactory.com/showpost...stcount=136901
Superb foresight my friend
Good luck everyone & enjoy the weekend.
Thank You