Venelin
Master Sergeant
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That is what it looks like-very clear fractal. The question is will euro reach parity first...Hi Venelin,
It seems author means that upward aciton should happen?
That is what it looks like-very clear fractal. The question is will euro reach parity first...Hi Venelin,
It seems author means that upward aciton should happen?
"222" in turn is a part of larger, H&S pattern:
View attachment 28615
As AUD has dropped through key support week ag - this setup was destroyed...Sive, if I understand correctly, you expect in medium term Kiwi to go down, because of H&S?
But in GOLD PRO WEEKLY(AUD/USD) , November 07-11, 2016 which you analyzed Aussie, you expect in medium term Aussie to go up.
But if is it really possible? Aussie and Kiwi are just like "sisters", because their correlation is positive in almost 90%, so they should go in the same direction.
So which one? Do you expect to go up or down?