TradingView
LevRidge
Dec 6, 2014 5:38 AM

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

Euro Fx/U.S. DollarFXCM

Description

Well, the ride down from 1.338 tradingview.com/v/fmKHVXE2/ (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: tradingview.com/v/aCIhZ2TG/

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!
Comments
Fx.saif1
nice
More