It would appear like the uptrend that had started a while back has ended.
I posted a few charts, and succesfully tracked all the moves in this instrument. This is a testament to Tim West's analytical methodology, which I humbly apply.
This is coherent with my intermarket analysis publication's expected outcome of the recent fundamental paradigm shift that made these new trends emerge.
A short under yesterday's low, with a stop at the high would be a good start.
It's possible that there is a very pronounced gap down today, so, if trading intraday, it might actually be a long, to try to capture a retracement back to resistance above, but ultimately I think that the direction is down, and fast.
If you want live updates and more information, make sure to follow me at collective2, where I provide signals for auto trading and via email for a monthly fee.
I'm also providing access to a live trading chatroom free of charge for concordbay.com customers, contact me via skype for more details.
Cheers,
Ivan Labrie
Time at Mode FX
Analyst at Concord Bay dot com
I posted a few charts, and succesfully tracked all the moves in this instrument. This is a testament to Tim West's analytical methodology, which I humbly apply.
This is coherent with my intermarket analysis publication's expected outcome of the recent fundamental paradigm shift that made these new trends emerge.
A short under yesterday's low, with a stop at the high would be a good start.
It's possible that there is a very pronounced gap down today, so, if trading intraday, it might actually be a long, to try to capture a retracement back to resistance above, but ultimately I think that the direction is down, and fast.
If you want live updates and more information, make sure to follow me at collective2, where I provide signals for auto trading and via email for a monthly fee.
I'm also providing access to a live trading chatroom free of charge for concordbay.com customers, contact me via skype for more details.
Cheers,
Ivan Labrie
Time at Mode FX
Analyst at Concord Bay dot com
Operación activa:
En route.
Comentarios:
Back above the mode, then the triangle didn't end yet.
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On track, downtrend started it would seem.
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As expected, forecasted path is valid.
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We hit the previous mode level. Perfect forecast so far.
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(Target was hit long ago, forgot to update)
