Sive Morten
Special Consultant to the FPA
- Messages
- 18,754
Good morning,
our short-term trading plan on Cable has worked well, so let's shift to EUR...
I have a long term bullish view on EUR, and there are some signs on weekly time frame, that make me thing that EUR should reach 1.50 area, but after some retracement to the downside
In shorter term rather, I suspect that pair is ready for retracement. There are two possible scenarios of this retracement can appear on daily time frame...
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
our short-term trading plan on Cable has worked well, so let's shift to EUR...
I have a long term bullish view on EUR, and there are some signs on weekly time frame, that make me thing that EUR should reach 1.50 area, but after some retracement to the downside
In shorter term rather, I suspect that pair is ready for retracement. There are two possible scenarios of this retracement can appear on daily time frame...
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Last edited by a moderator: