DislikedCould happen bro, pa will go where ever her told to go, secret is to find out who is telling her, the market movers
Daily eu she has bounced from good support, 3231, formed an inverted H&S although the rally started to build the right arm, I feel it has failed, and dropped from previous support, possibly now building as resistance 2365
This process is actually building a bear flag (daily) aka rising channel so tech speaking is battle between H&S @ Support for Bull and Flag Bear, mmm trend since mid march 2012 is strong down, for...Ignored
I am referring to a very short time frame, one day max two.
There is a clearly shot up occurred yesterday, they are retracing a bit today, if one of the psychological level is rejected trapping, I think there is a bit of a edge there. Keep in mind that cad and usd are losing ground relative to the rest of the currencies and eur and chf are gaining.
"Men who can both be right and sit tight are uncommon."