Butter
DOW Close High TrendlineDOW log scale, Close high trendline acted as resistance on a monthly close 1999 & 2007 Currently price is trading above the trendline where price is trying to establish support. Support holds, the DOW could go on to make new highs. Support breaks where price closes for the month below with strong momo, and a correction could be starting. I do not know what is going to happen in the future, I can only trade what price is currently showing me. #useastop
GBPUSD butterfly completionDon't you just love it when things are going exactly the way you predicted ?
The butterfly pattern posted some time ago now almost reached it's completion, and if this level holds we can start to look for our targets going long.
Edit : while posting the pattern actually completed.