continuing with the trade plan.
Morning Gene - I was wondering what to do next with GU - just studying your charts - I am pleased not everyone is totally bearish on it ;-)) - Have a good day regards Peter
Hi pete, actually i love when everybody is opposite, i try to take note to the banks also,i remember a citibank call for a 133 eu short right before it tanked at 133 so i like to see what they are up to, but you know as well as i do you ABSOLUTELY cant base any trading decision on the info that they provide.
with the 20 day ema in such a bearish condition at 15820 and in confluence with wkly R1 im not expecting a complete reversal, on this 8hr chart im looking for something like this to occur to stay long, if this price pattern expectancy fails, i will reevaluate the possibility of it being a failed diamond formation on the daily. Of course complete reversal is welcome at this point.
Great charts Gene and very well said ..... Data GU 30Min = Inv plus cont which I longed 100 pips too.
Sir Gissa ........Out !!!!!!!!!!!
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