Wednesday, February 16, 2011

Euro a new channel not to ignore, maybe just a wave to fail

This channel is well defined enough, maybe it's a bear flag, a wave that is now complete.

Profits will be taken quickly because if it backtests and bounces up off the previous downtrend, that could be very bullish.   If I cover for profits, I will renter the short IF the lower channel is busted into.

 Heretics of the Swimsuit Issue

No comments:

Post a Comment

Insightful and Useful Comment!