{quote} Nice job
- #52,443
- Dec 4, 2014 11:03am Dec 4, 2014 11:03am
- Joined Jul 2013 | Status: Trader | 2,059 Posts
{quote} d. I don't know But if if I were to throw out my opinion, I'll say it'll hit 120.24 then pull back and/or consolidate. But this has nothing to do with the fact that price will be trading around 120, rather based on other analysis. I do not expect any major pull-back until we get to weekly resistance, which is significantly higher than 120. But please note my signature
- #52,448
- Dec 4, 2014 11:22am Dec 4, 2014 11:22am
- Joined Jul 2013 | Status: Trader | 2,059 Posts
And if you look at H1 chart, price just hit a low of 119.31. This is the top of what I'll call a solid rock foundation of support.
Starting at that point down, if price were to venture there, it would hit a support level at an average 10-15 pip intervals. There's no way price will penetrate through all that unless some major super bear bomb is dropped.
If you want a signal to go short or exit longs, look for what happened in early Oct - a significant drop and break of key support levels, then a failed attempt to make another high. Until this happens, bull city baby
Starting at that point down, if price were to venture there, it would hit a support level at an average 10-15 pip intervals. There's no way price will penetrate through all that unless some major super bear bomb is dropped.
If you want a signal to go short or exit longs, look for what happened in early Oct - a significant drop and break of key support levels, then a failed attempt to make another high. Until this happens, bull city baby
hey guys just reloaded longs here. I think this will continue to go up but if it doesn't and hesitates then it'll go down. Epic forecasts brought to you by UJlongers Inc
Edit: this space will be edited to my discretion should it go against what I said or better yet I'll delete my post, whatever deems fit at the time.
Edit: this space will be edited to my discretion should it go against what I said or better yet I'll delete my post, whatever deems fit at the time.
you da man