After looking at the resistance around 1.297 (double top), my expectaiton is bearish. If 100 MA (orange curve) works as resistance, I will sell. My target is 1.28.
I like the clarity of your idea(s)... Post more as and when you can Thanks.
Geometries
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Thanks for your comment. Yes, and you also post your ideas!
TraderWicks
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@Geometries, O' Lordy, Lordy... you wouldn't want my ideas! :) I use 'the force' for some of my trades :) That's why I come here for some solid direction and well thought out ideas sir!
richardsjaden99
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Hi, sorry but if you don't mind what are you using to do your analysis, Its a lot clearer than what I use.
Geometries
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Hi, my analysis is apply Granville theory for simple moving averages (usually 20 MA and 100 MA), with taking chart patterns, support levels and resistance levels into account.