This ties in well with my previous post with a chance to tame the beast as the Kiwi run zig-zags at the highs.


I’ve opened a short position up here with a tight stop at the highs. Kiwi has been a graveyard for wannabe shorts and I’m making no prediction that a top is in. Merely playing for a chance of a turn with tight stops in place……….A move below the channel (green) or the shorter red pattern line (weak Head and Shoulders neckline)  at 0.7240 is need to confirm the beginnings of any meaningful downward price action.





Horatio Dubsly

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