The carry is another animal all together, I'm tweaking my analyses now, we are bearish in the mid term to possibly longer, short term yes could be a bullish opportunity, mostly choppy action though the way I see it as of now. Here is a nice setup on the eg I'm posting 2 charts longer term and short, we have a nice counter play that had setup and gave another entry, last one for me at the neckline 0.7125 to 0.7030. Mid term we have a breakout on the bullish wedge, the fundies support this as well for now, so a nice little run ahead of us with a breal of the wedge and an impulsive wave 3 up, well as implulsive as this pair can get lol.
- | Joined Mar 2007 | Status: we are stardust, we are golden | 1,364 Posts
Virtue finds and chooses the mean.
Aristotle, Ethica Nichomachea