FX ticker

Wednesday 23 November 2011

Qantas reverses


Well qantas looked promising but I did say $1.80 might stop it. It barely made that level and has now failed by falling back inside the neckline of the head and shoulders bottomand also reaking a small uptrend line. Disappointing but not all technical patterns come to pass. There was some money in this one but I'd call it a failure really. Waiting for the next pattern to emerge now.

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