This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
Excellant chart. I have actually been turning bullish on the EURUSD over the past week. At this stage it is probably no more than short-term. - But I could see a push back into the low 1.3000s if it can continue ti trace out a base this week. However seeing that pitchfork, suggests at this stage that a trip into the low 1.3000s might be the best that can be expected. -- However, it also sets up the resistance which it needs to overcome if it going to make further gains.....
Excellant chart. I have actually been turning bullish on the EURUSD over the past week. At this stage it is probably no more than short-term. - But I could see a push back into the low 1.3000s if it can continue ti trace out a base this week. However seeing that pitchfork, suggests at this stage that a trip into the low 1.3000s might be the best that can be expected. -- However, it also sets up the resistance which it needs to overcome if it going to make further gains.....
ReplyDeleteThanks Gooner
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