Buy interest definitely looks done; closed for around thirty pips profit. Stop putting my nickname in CAPITAL LETTERS PLEASE, IT ISN'T NECESSARY. sold @ 1.967 eyeing a handle downwards
more pretty pictures. this is a 30m chart, and the lines draw an inverted wedge. Breakout beyond the lower resistance line anticipated sometime today / tomorrow. So very curious that this morning's 8am spike completely validated my trend lines, applied yesterday.
currently looking to me like it wants to break upward above 1.97, usd data was *rather* bad and no significant slide has brought price back to average tunnel yet.
Reversal signals? Price fell to hit the 4hr vegas ema tunnel, enabling a bounce off it to a higher fib level, perhaps, but if US data comes out good today then a dollar surge is on the cards - if weak we might see cable retry for 1.97. I was short last night, and didn't want to sleep on it. Closed and missed the extra drops this morning
Oh am I good. All I do now is sit and trade forex? I was short for the drop, long for the recovery, now short again for the goodness of the chicago pmi and the american open, and oh my....