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.
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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