2007-05-15

OK, if that was a triangle (see previous posts), we got a bounce. That was very strange, but market is never wrong.

However, we may experiencing cup and handle (purple line), which means we will have sharp downtrend, but handle may raise some more first.

Other negative idea is, if we have double top. If so, we will first see 1.3660-1.3670, and only after then we can see how the development will be.

note that I do not trade this post

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