Monday, April 14, 2008

Triple Top in play...

The post printed April 10 describing the triple top in the Euro is getting close. The three highs I was talking about are, Mar 17 (1.5904), Mar 31 (1.5895) and Apr 10 (1.5912). We should not go up near them (thus being a quadruple top and then I would think we would take it out) and in theory come off from currecnt levels (1.5820).

As many readers know I am not a technician. Rather I view a chart from the "big picture" to get perspective. I do not think we make new highs. I am short here and will stop out above 1.5915.

Good Luck and Good Forex Trading.



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