RE: 🔥 There she goes...back up 🔥26 Nov 2024 11:47
No, you took the words right out of my mouth!, as seen it myself on the 1 month chart
It could pull down to either 0.86 or 0.83, (the handle) before the next rise. The low volume today would also suggest/back up the therory.
I made a call last week on the Quad Bottom (was 24hours early on the call, but played out, and Rounding Bottom pattern. Lets hope so anyway.
P.S. A minor point but I think a very important one is the weather! Can contribute to millions of sales if people don't go out! Happily it looks to be settled for the rest of the month, so people will be out!!
Tuesday 10 Dec - Tuesday 24 Dec
The start of this period looks like being largely settled, with high pressure close to if not over the UK. However, as we move towards mid-December, there are signs that it will become less settled with west or northwesterly types preferred, These will bring some wetter and windier interludes with a risk of some snow, especially for hills in the north. These conditions may prevail into late December, although drier, more settled spells may also affect the UK at times, these probably more likely towards the south. Temperatures generally close to average through the period.