It seems that your call was the right one. The bears might not have many reasons to enjoy this year end; anyhow in the last week they really wanted to get drunk with cold water.
We certainly got a big rally since the bottom, but we need a bit more price action to have confirmation of a trendchange. A break of the falling trendline or break above 1.3150 would be nice.
I was born on July 20th 1983. I have been trading since 2007 and using Elliott Wave analysis since 2008. I also use trendlines, fibonaci, candlesticks and various indicators to determine a future direction of price.
Hi Jeremy,
ReplyDeleteIt seems that your call was the right one.
The bears might not have many reasons to enjoy this year end; anyhow in the last week they really wanted to get drunk with cold water.
Wishing you a peaceful Christmas,
Catalin
Hy Catalin,
ReplyDeleteWe certainly got a big rally since the bottom, but we need a bit more price action to have confirmation of a trendchange. A break of the falling trendline or break above 1.3150 would be nice.
I wish you a very marry Christmass aswell!
Friendly greetings,
Jeremy