Replies to post #100581 on Simple's Green Room

[pennies2007]

The larger pattern on EU looks like a head and shoulders with the neckline at 1.24. I figure we'll head back to test that neckline before a larger decline on the daily down to 1.16 to 1.17. The weekly FTSE looks like a massive head and shoulders as well so it fits in with that pattern. Hard to say just yet though since there can be a lot of slack in those weekly charts.