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You were certainly not wrong about it heading down and back up...

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pukunui

113 Posts.

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30/04/19

19:32

Post #: 38337275
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Originally posted by RickM: ↑

Hi Sharks

If I can borrow your chart, you are almost correct. It wanted Yesterdays Major Spike and took it out by 1 pip. The first spike was just the Algorithm's first attempt. Now I believe it is setting up Traders to try and Sell but it will March upwards. That's its next trick and if it doesn't break the line soon, it will take another down wave to push the story that the resistance at the red line will hold, IT WON'T IN MY BOOKS.
Its a Buy now and I have pocket around 18 pips so far.

Gee I would be in good money if I didn't miss that spike.

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You were certainly not wrong about it heading down and back up for a rinse and repeat.

Nicely read!!
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