The Musings of Faith

I tweeted earlier that I was looking to go short but, instead, found a much stronger case for the upside.
Intraday trend clearly to the upside as shown here in the 60m chart.
Yesterday’s low at 1.3962 is a higher low than Monday’s at (around) 1.3860
3 waves to upside with A-B-C correction already
Inability of price to stay below 1.4000 on each attempt below the large quarter point (and major whole number)

I tweeted earlier that I was looking to go short but, instead, found a much stronger case for the upside.

  1. Intraday trend clearly to the upside as shown here in the 60m chart.
  2. Yesterday’s low at 1.3962 is a higher low than Monday’s at (around) 1.3860
  3. 3 waves to upside with A-B-C correction already
  4. Inability of price to stay below 1.4000 on each attempt below the large quarter point (and major whole number)



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