Full Disclosure, I am short as I write this but I suspect that this is what the longs are looking at on the higher time-frames:
> Click on chart to enlarge <
Full Disclosure, I am short as I write this but I suspect that this is what the longs are looking at on the higher time-frames:
> Click on chart to enlarge <
Jepp, and at the same time we are in a 23.6 fibo retracement… screenshot: http://a.imageshack.us/img836/5753/gbpusdd119aug2010.jpg
Greetings from Hamburg/Germany,
Dietmar 🙂
Indeed, well spotted! Enjoy your evening Dietmar 😉