EU notes
We all know what these are. Waiting for a tag of the 50 SMA to close short. And a bounce for second short opt. A close below the 50 adds extra merit to the thought of the current long trend ending
Does this mean a reversal...well it could...but a correction holds more weight then a reversal...plot your fibs even a shallow correction here has a huge pip value. expect chop. but if PA holds below the 15 EMA that is a sign of strength.
Does this mean a reversal...well it could...but a correction holds more weight then a reversal...plot your fibs even a shallow correction here has a huge pip value. expect chop. but if PA holds below the 15 EMA that is a sign of strength.
Penafian
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