DislikedEveryone,
Be very careful here as the Price action has now pushed outside the down channel to the down side. (CHANNEL BREAK!)
Two things can happen.
1) the Channel break can be rejected and will move quickly back inside the channel and may head back to 1.31 level (top of channel)
or
2) the support for the euro will dissappear and there will be a huge violent drop as the bear take full control and the euro collapses in a 200 or 300 pip drop. (as is normal)
1.29800 is the line in the sand to watch as a break and close there in the 1 hour...Ignored
Hi
On your chart the extreme indicator turns blue where as mine says red the whole time.
Ive reloaded the extreme indicator v1.6 and 1.7 but still red only.Arrow points to it. Are you able to point me in right direction to get this fixed?
Cheers
SR