I have left the analysis from yesterday here. I will update the site with more charts later in the morning. I am doing a workshop, and today is the second day of trading.
the live trading room is open on WhichWayToday. Click here for login instructions.
There are quite a growing number of analysts calling for a top in the main indices. The theme is that this is a bear market rally, and some point, sooner rather than later
240 min chart Euro Dollar
We are short Euro Dollar. The trade was initiated in the live trading room on the 5th May.
The 1.34 level key points:
62% retracement of the swing from 15th March - 19th April
1.27 extension of swing up 19th April to 24th April
ANALYSIS
