Wednesday, February 23, 2011

Double & Triple Tops




Double tops on both the daily, the weekly and perhaps triple top on H4. The blue zone is the area to watch that requires our attention for now. If we break the blue zone, then a re-test of 1.70000 is a real possibility. A daily candle closing outside the blue zone will confirm this. As long as the blue zone holds, a big fall is a matter of time.

It is always better to plan ahead!

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