If it judges that YPP (P) functions as support, it will be long.
The first limit is WePP (P)
The second limit is near the most high value of 1.09800
I would be grateful if you like it idea,give me follow or agrees!
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Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly...
Hey! A little late in posting this one, thought I'd let it get close and post but was away from the computer. The stock is near the stop I had expected, but hasn't hit it yet.
Can go short at Current Price Levels with just a 5 pips stop.
Targets can be : Entry level at 1.04490 & Cypher target at 1.04182
Stop: 1.04198
This can also be looked at a...
Reason : Another touch to 1.064 to be played, which ideally to be 2/3 wave format.At that spot short entry arises, a small south side direction movement upto 1.053. The larger trade would be complete reversal till 1.035 to start from there with lower lows.yet, more time correction first.
Timeframe : Whole play to carry out early next week.
