I wonder how low this correction will go. If all the bears can manage after yesterday is a flat correction of 30 pips from 1.047 and it exceeds the 1.047 in the next few days without going lower than 1.0438 then I'm going to revise my tp from 1.051 zone to the macro descending trendline @ 1.055 - 1.057. (Though will still take half off @ 1.051 and buy again on retrace)
- #56,743
- Nov 26, 2012 10:42am Nov 26, 2012 10:42am
- Joined Mar 2007 | Status: Symbol | 2,788 Posts
FF journal: Peaks and Troffs
- #56,747
- Nov 26, 2012 6:15pm Nov 26, 2012 6:15pm
- | Membership Revoked | Joined Jul 2011 | 3,291 Posts