High floor post xmas rally seeking for a return to the mean in one of the worst banks.
No description is need... really... REALLY, JUST THE CHART, LOOK AT IT AND THINK ABOUT IT
Short selling - TA scenario for EURUSD
Need a breakout and more volume, but the last hammer is a good sign to seek a reversal and a new mid-term bullish cycle.
First of all, the fundamental analysis says it's possible because Peugeot-Citroen S.A it's getting worse in the trimestral statements... second, the volumes agree, most of all are institutional sell offs... plus some retails buying because 'Markets always go up' (poor things...). Third and most important... This is a long term idea, i prefer to seek a buying zone,...
Still need a description, eh? Nope. "Since 1992, there's a club which is making history, 7 years later, in 1999, it's still kicking, Pont Aeri."
Double floor tested and rejected, maybe its time to look for some longs