Sive Morten
Special Consultant to the FPA
- Messages
- 18,648
Good morning,
Current video has a bit larger volume than usuall, due to sophisticated situation, that I had have to explain and to some nuances in analysis.
In general, it could happen so, that until market will not hit 1.5200 area - it will show only shallow retracements to correct level of overbought on daily time frame and continue to creep and creep higher.
It leads to specific way of trading - where we should take nearest targets and do not marry any possitions.
Here is what we could see on Monday:
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.
Current video has a bit larger volume than usuall, due to sophisticated situation, that I had have to explain and to some nuances in analysis.
In general, it could happen so, that until market will not hit 1.5200 area - it will show only shallow retracements to correct level of overbought on daily time frame and continue to creep and creep higher.
It leads to specific way of trading - where we should take nearest targets and do not marry any possitions.
Here is what we could see on Monday:
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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