Dislikedhi mates
for now
in daily we have parce above ganhilo and QQE5 crossed up.
but in 4hr chart price closed below ganhilo and QQE5 is under dotted line.
in 30 min and 15 min charts price closed above gannhilo and QQE5 crossed up.
in 1hr chart price try to close above ganhilo and QQE5 try to cross up.
so this scenarios is possible:
1-if in 1hr chart price be closed above gannhilo and QQE5 cross up,then we may have a retrace least till in 1hr chart QQE5 reachs to 50 line.
i think price will maximum reaches to 212.50-60 area.becoz in this area,exist 4hr and daily 5sma high.also in this area we have lower line of bullish trend line that was broken last night.
2-but if in 30 min and 15 min charts,QQE5 cross down and price closed below gannhilo,then we may have bearish movemnet be continued till price reaches to daily ganhilo in 208.50 area.
after reachs to daily gannhilo,we must considerably see how this area react.
p.s:it's may be my 2 centsIgnored
- #60,602
- Jan 31, 2008 3:38am Jan 31, 2008 3:38am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #60,604
- Jan 31, 2008 3:54am Jan 31, 2008 3:54am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #60,609
- Jan 31, 2008 4:50am Jan 31, 2008 4:50am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
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