(CLICK ON THE CHART TO ENLARGE IT)Triangle formation didn´t confirm, as you can see from the attached chart. But at least the strategy in my post from Nov 18th worked: "SHORT break 162.70 (which is the strategy: sell a failure of a break of this symmetrical triangle) and it´s the 123,60% fibo projection from up move 160.60 to 162.33. STOP at 163.00 which is the 138,20% fibo projection of the same up move 160.60 to 162.33. TARGET at lower base of symmetrical triangle that might be around 161.00".
Prices broke the 162.70, never got back there and reached the target of 161.00. All that on the next day, Monday Nov. 19th. Very good strategy.
