99nines

To my awesome bearz:: Houston we have a problem!!

FX:EURUSD   Euro / U.S. Dollar
222 1 4
Well, the ride down from 1.338 (for me at least) may be coming to a glorious end. Running some data tonight I find that we may be at a VERY difficult level (and time!) exactly at 1.21992. I shall be closing my short there but will re-enter if we break it. Another note is Dollar touching a median price level:

If we stop there, go up, come back down to make a lower high, that will be a good signal that the reverse has happened. I"ll post a new chart along with the buy confirmation level once this happens, until then I'll remain bearish/neutral. One more note, these trend lines are not why I think we'll reverse but they do line up with what I do see happening with geometry. Good Luck!
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