Loading ...I’d like a bit of excitement,
I’d like a bit of excitement, feel free to go for it. But that’s not what I mean Ivars – I mean that every single chart you’ve posted for weeks (months?) is one showing resistance. I’m sure you’re aware of this but I’ll remind you – price goes in two directions. Even if there is a bottom in 2015 exactly as you anticipate, price will still move there not in a straight line but will zig zag. Not sophisticated stuff really.
Anyone who, in the course of this movement, posts only resistance and never support, is not looking at the charts with a clear head. Price could even retest 1526 then make a new low. Who knows? I don’t. But I do know that looking for the bearish interpretation of every tick on the chart is not sensible analysis, it is fitting the charts to what you already think.