The fall in oil prices is putting a damper on the looney gaining strenght..i have zero intention in buying into the dollar so any sign i see for shorts ..i just add on...if weekly PA in USD/CAD closes above 1.1800..then forget shorts..longs will be in play.
As for Geppy...i'm a long term bull...and expect a reversal around the 149/150..however if i get a weekly PA close below 148..i will abandon the long policy. I expect a move back to the 155 zone and if we fail to close above that zone i will consider this a start of a down trend (making lower high)...but we are not there yet.
Happy pippin
Remember you can use the links from my blog to check out ZuluTrade
It's free to register with ZuluTrade and subscribe
Select Big_Bruv as your forex signal provider.
View my Performance
No comments:
Post a Comment