It's looking like a selling opportunity at my levels above. I doubt its a peak that will hold for weeks but there's definitely some potential for downward movement afterwards. Calling tops and bottoms can be dangerous but if there is a time to do it, I believe that we are getting closer to that time. I believe that there are poor blokes underneath us who've been buying at what they they thought was the end and they are getting hit pretty badly now. Let's look for a push up possibly a squeeze and a yank back down. It's looking likely to come back down and will likely be revisited later to take us sellers out who got it right the first time. I'm confident in this setup because so far all of my methods are confirming a push down. If I'm wrong, this is where I want to be wrong at. It looks like a high probability set up based on how I'm analyzing it. If it looks too scary to get in as it pushes up, its understandable. It's much more dangerous for buyers in the coming days than sellers. The market can sell off at the time of this posting and that's okay. I'm only getting in at my levels and above. My setup is my booth and I wait for prices to come to me.
EURAUD
EURAUD