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....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.