DislikedPaul I have been watching very closely price lately and waited for this setup for a long time.
YES WHILE OVERALL COT REMAINS BUYING CONTRACTS THAT IS A WEEK IN LAG. You have to remember this has gone up for a long time, I am bearish short term, overall I am bullish.
1. Big picture since 2000 uptrend
2. Intermediate picture monthly down
4. Daily picture uptrend (pullback is occuring in this uptrend.
I am bearish to 1.34xx area somewhere around there there needs to be some sort of profit taking. The M and W formations are the big money...Ignored
I also see a down move to 50% fib test the high at 1.3330 area
making green pips large and red pips small this is my goal.