Sive Morten
Special Consultant to the FPA
- Messages
- 18,676
Good morning,
EUR slowly comes to daily target around 1.0850-1.0860 area. Potentially we see bullish reversal patterns - side-by-side butterflies, which create 3-Drive Buy pattern. It means that it would be better to close shorts at daily target and do not keep them through weekend:
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.
EUR slowly comes to daily target around 1.0850-1.0860 area. Potentially we see bullish reversal patterns - side-by-side butterflies, which create 3-Drive Buy pattern. It means that it would be better to close shorts at daily target and do not keep them through weekend:
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.
