Sonneteufel

Sonneteufel

Big spike coming in - get long because volume is also coming in

Sonneteufel Updated 

Short term trend is down, Buy-zone below

Sonneteufel

Most recent trendline has been broken. Also looks like a head and shoulders pattern had formed around the 1.70 area. 1.705 is also the 60 month high for Sterling and was tested recently. A test of the neck line happened in the session after the violated trendline. Could be a possible short term reversal? Prices could fall back into the Kumo? If there is a...