Frankly it's doing what I said it would do in Post #12982. It's going down to the 50% retracement tomorrow IMHO.
I knew it would do it...the problem is when I wrote that post I did not know WHEN it would do it. Now I/we know...tomorrow! And guess what's there to meet price when it gets down there...the 10 day EMA and a gap in price!
Expect to see price bouncing tomorrow in the area between 1.70 and 1.50.
Just my opinion...you trade your way and I will trade mine.
Anyone care to meet me at my cabin in the woods tomorrow? lol!!
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -