Hello all,
Should the top of this candle be taken out, we have a good setup for a LONG Position to 1.68500 - 1.68600 area then I expect a reversal. The yellow arrows are the anticipated Slopes of both moves should the top of this candle (On RED vertical timing line) be taken out. If the market plummets past the low of this candle, you must reverse position as the move has inverted.
Thanks again
TIK
Should the top of this candle be taken out, we have a good setup for a LONG Position to 1.68500 - 1.68600 area then I expect a reversal. The yellow arrows are the anticipated Slopes of both moves should the top of this candle (On RED vertical timing line) be taken out. If the market plummets past the low of this candle, you must reverse position as the move has inverted.
Thanks again
TIK