Tuesday 15 June 2010

Euro$...No worries!











Price makes it to the magenta/mauve centre line. Just above the current price are a few down sloping reaction lines, one in particular should contain any further price action for the time being but as i said in last weekends analysis on Euro$, (words to the effect) that the dynamic of price action has changed last week and we now see what i think is more than a correction but a reversal for at least the medium term.
Below are my 1 minute charts showing a current fork with RL's which i use along with Ensign windows to time entry into any potential trades. Note the different P0

No comments:

Post a Comment