Wednesday, September 13, 2017

Objectives Met

I thought these images would speak for themselves so I am going to be light on  the commentary today.  But here are three images: the weekly, daily and 4 hour chart in the EUR/USD.

Rough rejection of the dotted green line at 1.20583





Topping wicks proved strong enough to drive it down to 1.18762, and it also broke through the ascending trendline




Display of the most important resist point in the red shaded zone and a possible area of covering and resetting a strategy of buying the dip and selling the rip.  






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