The price just broke a Broadening Wedge. If we take into consideration what the theory is telling us, after a close (on a 60 min. chart) under the lower line we should expect a 0.38% drop all the way to the 1.3545 support are.
Comments
butterliesel
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do you think it wont go further down or the time is right for a up move now?
eliaearth
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I agree with this since it is the direction of the daily trend.