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fibline
Nov 22, 2012 3:01 PM

EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Zone of Support that needs to crack to confirm Bears, as H&S continues to develop.
Comments
fibline
Point A is a tactical shift, (50% of the down impulse) as the Trend was to steep, where you suggest I put it. Thank you for your comment.
motleifaul
You proved to be right, but your green upward Pitchfork isn't right. Its point A shouldn't be where it is. So the bottom line of the fork cannot serve as a resistance.
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