Yes, don't put too much emphasis on the fundamentals and study Elliott Wave.
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1.2900 is the top, downhill from here.
Chinook's EUR/USD (E/$)Mumblings
- Thread starter chinook
- Start date
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1.2900 is the top, downhill from here.
OK one more move up, then downhill.
I feel 1.2911 (Aug 10 Midnight PST) is the top. It just had that last move up after that other post I made. But yes in general 1.2900
Anyone feel that the EUR/USD is making a head and shoulders formation on the weekly (with the first few months of 2004 being the left shoulder)?
daily perhaps it will climb........ than complete the weekly HS you see.......
weekly
The 1.2910/11 level will be very key.
If it breaks above, it's 100 pips easy. If not, then it's look out below.
If it breaks above, it's 100 pips easy. If not, then it's look out below.
Up up and away? ... Nope, down down and come hither. Get short!