Finally looks like we have the drop that it seemed most of us were anticipating. The market is currently below 114.00, which I believed would have been the point where the market turned. Granted, I expected the uptrend to last a little longer. But it makes sense. As I said before, the 1W resistance would be a stronger level to get past. And considering I haven't seen the market anywhere near that level for a while, it's logical that it would turn around near to or at such a strong resistance level.
Y'all know I put in a buy stop on the pair yesterday. With the way it's looking now, best I cancel it.
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If you like my ideas, and/or take action based on them, feel free to comment. We'll go through this together.
Y'all know I put in a buy stop on the pair yesterday. With the way it's looking now, best I cancel it.
*****
If you like my ideas, and/or take action based on them, feel free to comment. We'll go through this together.