Thursday, April 28, 2011

Euro

Small double bottom formed, but the bounce is stalling out already. Worth watching if it can get through the lows and stick. 60 minute chart showing a small topping formation, but it has to confirm, and it has to stick. I see so many trying to pick a top in this, or pick the bottom in the Dollar that it's more probable to lead to false moves and traps before asserting itself.

Michael tiny Saul

tinymjs at gmail dot com

No comments:

Post a Comment