FXE or /6E short

Short

Invesco CurrencyShares Euro Currency Trust (AMEX:FXE)

Updated

AMEX:FXE Invesco CurrencyShares Euro Currency Trust

Chart Patterns Beyond Technical Analysis

Mostly written up in the chart. My dowsing method and the technical setup looks like a decent setup with a stop above the high of the other day $106.40.
We shall see.

Comment:

Scratch that stop. I want to see that gap get close to filling around 106.67. So looking to short a rally. This opportunity may come on Friday.

Comment:

Here's the rally to short. I like it unless they take out the HOD.

Comment:

This is completely looking bullish now, so I'm done.

Comment:

I still have some kind of decent move down in this, but I don't think it peaks until Friday 7/10. I'll make a new idea if I get similar information on Friday.

Comment:

I think the down energy was the move on the 9th. But obviously, this thing didn't want to stay down.

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