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- jordylee replied Jun 21, 2011
I'm thinking so - seeing H1 momentum/price divergence, Stochs also looking overbought. PA say break of 360 should enable good move down.
- jordylee replied Jun 8, 2011
h4 stocs look very overbought to me - an 80 pip correction does'nt look like it'll cover it ? Bear by nature me. Also that last rally only managed to push price 40pips higher than last one ??
- jordylee replied Jun 8, 2011
Look at the wicks on the last 2 H1 candles – looks to me like the bulls running out of steam ? 650 and down from there me thinks.
- jordylee replied Jun 8, 2011
I agree. Looking for the H1 head & shoulders to come through @ 14650. Al Indicators showing strong divergence with yesterdays high. Currently short 4663 SL@ 4715 1st TP@600, 2nd 560.
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