I see a diamond reversal pattern forming so it should his the top support around .0605. I expect it to bounce back down after that for a bit before the next real rally.
Komen:
I'm changing my target to around .0615 or so. I remeasured using the broadest point betwwen buyer/seller.
Komen:
I still believe the diamond formation is filling out. The outline on the right that I originally drew was arbitrarily placed to show the area I was talking about.
I believe that as long as we are in the brown, we are on track.
Then again, I could be completely wrong.
I believe that as long as we are in the brown, we are on track.
Then again, I could be completely wrong.