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! ------------------------- -------------------------- 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.
Reason : Extension of second wave as continuation of first one. TImeframe: Within a day.
Reason : Continuation of send wave of prevailing first wave. TImeframe: early next week.