price slightly exceeded the AB=CD. The initial bullish volume that pushed price above B and made us hold off on the trade is now waning (though it is Friday afternoon vols) so better R:R now. Daily double top possible with declining trendline from Nov. Rising trendline now providing resistance.
Monday, February 21, 2011
gbpusd
price slightly exceeded the AB=CD. The initial bullish volume that pushed price above B and made us hold off on the trade is now waning (though it is Friday afternoon vols) so better R:R now. Daily double top possible with declining trendline from Nov. Rising trendline now providing resistance.
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