motleifaul
Short

Watchh out for correction to come.

FX:EURCZK   None
97 2 0
Purely technically speaking I would say that you watch out for a technical correction. Another rise should be possible until around 27.50 which is the low of December 2006. But then take into account that this sharp rise is not from another world. It is -whatever the reason of the breakout of the more than 5 year old range might be- the end of an ABC-wave June 2011->November 2011->November 2013. So the time may be ripe for a correction with the possibility of an overextension to 27.50 as said above.
Thanks to Stock for turning the attention to this pair and the delivery of the Bollinger layout.
Thank you motleifaul for the feedback. I think that half of the huge green candle might be corrected during the next couple days,
Reply
This makes it more cleare:
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out