Queen's Currency Got No Chance in Short Term

16 thg 7, 2015

Long lasting corrections necessitate steep fans. Putting the beginning of the fan to the beginning of the wave 1, and aligning 1/1 at where the wave 2 ends, we see that the price was rejected by 1/2, which also shows the strongest weekly RSI. Now we see a retest of the same level, but the price came from a very low level uninterruptedly, so for 1/2 to be broken, we have to see at least a little bit of correction.