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DX Just Broke Resistance
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Fishguts2
Posted 10/28/2015 20:16 (#4863539 - in reply to #4863462)
Subject: RE: DX Just Broke Resistance


Dollar just had a nice long 7 month rest-Heres another that went sleepy bye-On a smaller scale-2 months-The Yen-She tried to release her energy to the upside on Oct 15 and FAILED above the top of the range-Often times when a market has a failed breakout of a trading range-It will bust thru to the other side with a vengeance -I look at the last 4 bars painted as a pause-(again resting) In a trender to the downside-Yen did the same exact thing earlier this summer



(YEN.jpg)



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