Circle Study EURAUD 2-18-14
SO I'M NOTICING that we hit the outer ring of support 6 TIMES (orange arrows)!!!
OK... SO I'm seeing what happens here. My hunch is that as soon as it hits the upper red support ring, then we're in for a huge sell-off.
Part TWO : if it breaks the outer ring, we're also in for a huge Sell off.
Which means that I'm a buyer if it breaks to the upside -- with the red ring and blue intersect being my TARGET.
OK... SO I'm seeing what happens here. My hunch is that as soon as it hits the upper red support ring, then we're in for a huge sell-off.
Part TWO : if it breaks the outer ring, we're also in for a huge Sell off.
Which means that I'm a buyer if it breaks to the upside -- with the red ring and blue intersect being my TARGET.
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