Divergence is setting up nicely and there are several
larger time frame patterns published on TView and elsewhere
that signal a short is eminent.
Of course, it could just blast off into the stars . . . which
makes this a great little trade as risk is well defined and
very low. If the highs are taken out there is little in the way
of resistance until 98 and then 100. So this is very black
and white with little doubt once the market speaks.
Daily RSI is almost 90 and the 4hr chart is also showing
good divergence. Perhaps the candlesticks will offer
a precise short entry trigger, if not my ideal @95.98
Bring it on !!!!!
{{my goodness I'm feeling my oats today}}
(((if it does break to the upside will look to go long with a retest of .9600)))
~~~~Wish I could label a confirming Ewave count, but . . . . ~~~~
??? I'm Done !
larger time frame patterns published on TView and elsewhere
that signal a short is eminent.
Of course, it could just blast off into the stars . . . which
makes this a great little trade as risk is well defined and
very low. If the highs are taken out there is little in the way
of resistance until 98 and then 100. So this is very black
and white with little doubt once the market speaks.
Daily RSI is almost 90 and the 4hr chart is also showing
good divergence. Perhaps the candlesticks will offer
a precise short entry trigger, if not my ideal @95.98
Bring it on !!!!!
{{my goodness I'm feeling my oats today}}
(((if it does break to the upside will look to go long with a retest of .9600)))
~~~~Wish I could label a confirming Ewave count, but . . . . ~~~~
??? I'm Done !