You perhaps are right... however in this case I am place a very small order with my stop right above 112... I won't lose much if I lose... The symetry ( spelling ) of the formation is just too exact to be random or coincidence... I'll take the chance....
I belive we will eventually end up at 113 - 114.40 but maybe down first to 109 if the pattern is to play itself out...
I belive we will eventually end up at 113 - 114.40 but maybe down first to 109 if the pattern is to play itself out...
DislikedNow, I'm not saying that UJ will not turn right now. I don't think it will, we'll find out more if it reaches 112.00.
Shouldn't you wait for at least one confirmation signal before going short when the price is going...up?Ignored