Weekly Time Frame with a triangle formation a hanging man ( a reversal signal) has formed at the end of the week 08/16/2013 Friday
Looks Like a sell for next week to the 50 EMA 1.3060 area.
Will the price go all the way to the bottom of the triangle to 1.2900 area ? Just have to watch the price action to see.
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Looks Like a sell for next week to the 50 EMA 1.3060 area.
Will the price go all the way to the bottom of the triangle to 1.2900 area ? Just have to watch the price action to see.
Post a comment :)
Follow my charts by clicking on the follow tab....