Looking for short entry

31 ביולי 2013

No matter what happens longer term im looking for some bearish action to play out soon. Lots of divergence across several time frames. Looking for that action to take us around the 1.3 area to play out the wedge. Could see a move up to 1.3340 before that happens however to finish out the wedge. If we break upwards out of this smaller rectangle I will look to get short int the 1.3330 zone. I wont be longing at this level unless we have a convincing break from any of the levels mentioned in my previous post.