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nmike
Jul 13, 2012 1:36 PM

EURO//US weekly update Short

Euro Fx/U.S. DollarFXCM

Description

Looks like we are going down to support, oscillators bars getting longer.Remember folks, candles that stay outside the BB(100) signifies strong selling pressure.
Comments
nmike
unconfirmed bottom in progress.Fair size green candle back inside BB(100).
nmike
red candles outside the BB(100), longer DPO bars>>>SELLING PRESSURE CONTINUES
nmike
SELLING PRESSURE CONTINUES, D.P.O. bars getting longer
DTFXTrading
Agreed.
nmike
EURO bouncing off bottom of BB(100) with DIVERGING OSCILLATORS.This could be a short term reversal to resistance.
tradingview.com/e/SQM9i2rj/
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