stevecolwill

Circle Study EURAUD 2-18-14

FX:EURAUD   Euro / Australian Dollar
127 0 3
SO I'M NOTICING that we hit the outer ring of support 6 TIMES (orange arrows)!!!

OK... SO I'm seeing what happens here. My hunch is that as soon as it hits the upper red support ring, then we're in for a huge sell-off.

Part TWO : if it breaks the outer ring, we're also in for a huge Sell off.

Which means that I'm a buyer if it breaks to the upside -- with the red ring and blue intersect being my TARGET.
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