I am back in the saddle after my rear was handed to me trying to guess the bottom and then missing the timing due to a flight and the stupid Euro announcement at 3PM. That said, looking at the 1H chart, over a bit of time, first hit 1.33804, then topped out the next effort at 1.33681, then again a bit ago at 1.33737. This also coincides with piptrappers entry point of 1.336 being the time to get short. Going to try and post a chart with trend line.
(well it didn't work)
This bodes well for getting a bit of a recovery, then the overall sentiment still being heavily bearish, the next leg down to 1.30 can come.
Am I reading this right or am I missing something?
(well it didn't work)
This bodes well for getting a bit of a recovery, then the overall sentiment still being heavily bearish, the next leg down to 1.30 can come.
Am I reading this right or am I missing something?