consolidate then breakdown usually more likely a valid breakdown.
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EUOUSD approaching support area. I don't think it'd breakdown immediately but I certainly don't think the support would hold eventually.
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another rebound should be in the card, after that we'll see.
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double top or bearish 1-2-3 formation breakdown text book target by the way.
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This is about all for me today..We are heading dn to the big city. I have a Dr.check up and the wife is going shopping.Then we will have an early dinner at our favorite Chinese Rest.Thanks for the week COBRA.I will be holding my shorts over the weekend.Good trading to all.
Should I hold my GOOG puts short through the weekend ? red reversal bar on weekly right under the trendline though has me a bit worried. Hourly looks bearish. What do u think ? Im pretty much at breakeven on the puts.
the rebound is more powerful than I thought the only thing not good FOR NOW is QQQ didn't take part in. I'll give it a little time, hopefully it could join later.
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