1.3380 to 1.3450 looks a good level to go short. Hourly candles have formed a gravestone doji. can keep a s/l above it. Daily graph is looking strong though. Short trades should be swift to cut above 1.35.
Tuesday, January 27, 2009
Euro setting up for a short trade
EurUSD has rebounded from lows and looks like its forming the corrective 4th wave. Graph would tell you more. Take a look -
1.3380 to 1.3450 looks a good level to go short. Hourly candles have formed a gravestone doji. can keep a s/l above it. Daily graph is looking strong though. Short trades should be swift to cut above 1.35.
1.3380 to 1.3450 looks a good level to go short. Hourly candles have formed a gravestone doji. can keep a s/l above it. Daily graph is looking strong though. Short trades should be swift to cut above 1.35.
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2 comments:
Your chart looks great, can i request for EurUsd Daily & Weekly Chart?
Thanks.
Hi,
this was a good chart and nice call.
At least some one agree with me on shorting on EUR and GBP.
Addy
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