did the $ top

Discussion in 'Technical Analysis' started by Wallace, Apr 18, 2010.

  1. on March 25

    it closed just above the coincidental 50 and 61.8 levels of 2 Retracement fibos and the
    attached chart shows a couple of different interpretations of the count
    what's more indicative and convincing of a trend change is the euro's double bottom as
    both lows are similar, while it's a stretch to describe the $ as having a double top
  2. are we there yet ?
  3. the dollar will top in 18 months when it touches 100, first it touches 90 then retraces back to 85 then 100 is in the cards
  4. forgotten to update this, it's also the last update i'll make to this thread