Euro Reversal

The Euro hit 12940 with a hanging man on the 15 minute chart yesterday which was a good sign to go short if you were watching the market. I was not able to watch the market so I had a short open at 12906 with a stop above 12980.

I hope those who were already short took note of Friday's update and managed any open positions accordingly.

We may now see a move down for at least a couple on hundred pips in the coming weeks.

Sorry for not posting yesterday. Next post tomorrow morning.

Good luck today.