Yep villas..I agree..another spike up with a momentum candle would be no surprise...was trading NZD/USD friday and when it hit .7650 it must have triggered stops..nice long green candle followed by reversal to the downside..tops are not always set with small candles..tops are often set with large candle in direction of the trend..short term trends that is.That -DI on E/U is sure primed to rise hard which means price decline..unless I have a senior mment will be looking at what Asia does tomorrow night on it.
On the other hand villas...look at what happens on same one hour E/U chart when +DI breaks above that line at 10..red cross was thumbs down{short)...green cross of 10 line was thumbs up(long)..
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