Trouble is it appears as though the trend is still down long term .
I'll change my view if it breaks above 3.23 within 2 weeks otherwise the pattern is a monster .
Do the maths ; Down 17 weeks then up for 18 and 75% retrace , then down for 31 weeks and now challenging 75% at the 30 week mark . Preety pattern .
Lets see if it breaks upwards within the time frame or goes onto do no.2 range down .
cheers ge
26 contracts, page-8
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