Sive Morten
Special Consultant to the FPA
- Messages
- 18,571
Good morning,
Although market has not accomplished our butterfly "Sell" pattern, currently it is forming another one.
My expectation is still the same - I think that market will clear out 1.45-1.4550 area before will show any reversal patterns. But trading such kind of environment has more risk:
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.
Although market has not accomplished our butterfly "Sell" pattern, currently it is forming another one.
My expectation is still the same - I think that market will clear out 1.45-1.4550 area before will show any reversal patterns. But trading such kind of environment has more risk:
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.
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