Sive Morten
Special Consultant to the FPA
- Messages
- 18,679
Good morning,
Market has confirmed our suspicions as price stops at intraday 5/8 Fib support. It means that taking any short position is unsafe now as EUR could show another leg up before final reversal:
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.
Market has confirmed our suspicions as price stops at intraday 5/8 Fib support. It means that taking any short position is unsafe now as EUR could show another leg up before final reversal:
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.
