“The time factor and time periods are most important in determining a change in trend because time can over balance price, and when the time is up the volume of sales will increase and force prices higher or lower” - W.D. Gann
Monday, October 13, 2008
Update: EURUSD Weekly Andrew's Pitchfork
Price stopped exactly at the parallel Andrew's Pitchfork last Friday (10/10/2008) on the weekly chart.
Whether this is going to hold EURUSD can be anybody's guess.
Price stopped exactly at the parallel Andrew's Pitchfork last Friday (10/10/2008) on the weekly chart.
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