EURUSD 261112

Watch the turning point that cant push higher from the red trendline (also as drawn previously http://tradingsniper1shot1kill.blogspot.sg/2012/11/blog-post.html) which I have drawn....beware...near to 61.8% retracement too...wait to short! :)

* Just to add on, if you were on the daily chart, you will see that the days count from 17 sept 12 high is a 61 day till date (26/11/12). Beware and this  time factor coincide near to the 61.8% retracement.....get ready for some actions....as can see the candle doesnt look anymore decisive in the 4hr chart.