Monday, January 28, 2013 1:24:15 PM
Hey all......so if we break support on my weekly GU trendline in the chart below, where to next? Simple? Pennies? Anybody? Anybody? The only support I see is on the previous weekly inverse H&S pattern candle lows in the 1.527 area where my 200% fib line is on that chart below. All you have to do is look at weekly trendlines to see that the weekly chart plays a huge role in larger pip reversal places, and since I've been holding these damn GU longs for over two weeks now, I might as well give the weekly chart it's due respect!
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
