- Long awaited move (weekly SHS top) looks like finally under way. Reminder of key chart points ahead :=
- Neckline = overhead resistance = stop out point 1.3230.
- Jan11 low = 1.2859 (now trading 1.2873).
- Aug10 low = 1.2587
- Jun10 low = 1.1875
- SHS downside objective = 1.1263
- This is one where fundamentals and technicals agree. Go for the jugular.
29 December 2011
EUR/USD : SHS Top in Action
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1 comment:
Hi TS,
Happy New Year and thanks for all your sharing. May 2012 usher in prosperity and joy for you.
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