Comments on the chart. There are a lot of fundamental variables thatt could come into play - crude oil price, Trump etc
By the way the monthly chart looks like price is in a massive c wave down in an abc retracement so the whole move down from 1.37xx area is this c wave. We'll see what price does
By the way the monthly chart looks like price is in a massive c wave down in an abc retracement so the whole move down from 1.37xx area is this c wave. We'll see what price does
Comment:
Price did the opposite of what I was expecting. My invalidation point 1.2651 is being threatened right now
Comment:
as good as this count seemed at the time of publishing it could not be more wrong. Price has taken off to the upside - against me
Comment:
Price fell hard today after I have been shaken out of my position. This idea may yet prove correct and I am looking for a way to take advantage of this weakness