Result on June 02nd (Click on the chart to enlarge it)LOSER
The Shooting Star on May 27th didn´t hold the Bulls. Prices rallied quite strongly tough. But now it isn´t the best momentum for buying, due to the resistance (supply) level at 1.6673 / 1.6786.
Bulls are in control but WATCH OUT for these supply levels.
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Initial Post on May 28th
(Click on the chart to enlarge it)We have a classic Shooting Star on May 27th. Odds are for a short-term bearish bounce. My points are for the Short side:
* SHORT at 1.5930 with STOP at 1.5981 and LIMITS 1.5731 and 1.5511