DislikedAs I mentioned before, its mainly the long lower wicks that have been created with closes above 1.49. Also yesterdays candle is technically a "flying buddah" although not a very convincing/actionable one. No arguing that there have been lower lows and lower highs which is the definition of a downtrend. Have to keep in mind the weekly candle is saying strong sell.Ignored
Everything other than the RSI is saying strong sell. These patterns have been evident almost all the way down from 1.62.
Not that i have the balls to go short! It just seems wrong to me psychologically to be entering shorts in the 1.40's, just waiting to enter long from as low as possible.
Money never sleeps...