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.

2 comments:

Anonymous said...

Your chart looks great, can i request for EurUsd Daily & Weekly Chart?

Thanks.

Anonymous said...

Hi,

this was a good chart and nice call.

At least some one agree with me on shorting on EUR and GBP.

Addy