The second screen shot shows /dispels the rule that P0 should be behind P1. Look at the RL that works perfectly and this type of fork often describes perfectly the limit of a move and even more a CL failure of this fork works well to predict coming weakness. Obviously not in this case as on the back of weak US data we see the white ML ( see previous posts) has supported price and there was little appetite for price to go lower.
Friday, 29 July 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment