Let's see what Monday will bring
Kommentar:
Price dived back below the neckline. only a close above 8826 will keep the H&S idea in play
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Price put in a strong candle today supporting the inverse H&S idea. if 8761 is taken out I am abandoning the bullish idea
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The target for the H&S if it plays out is 8955 area
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price is back above the neckline, the 50sma and the 200sma. all we need is a breakout out of immediate resistance and we are off to the races. at the moment caution is required
Kommentar:
A good move up today. Sometimes trading this pair is like watching paint dry. Next target though is the 200sma @8877 area
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Price moved up again on friday afteer a small bout of weakness earlier on. Still looking for more upside