There are 2 sell zones coming up at the moment
Circular Trend-Waves 414 replies
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DislikedA breakout downwards is expected soon, due to the hardship that the pair is experiencing trying to position itself in a bullish scenario and the multiple resistances that it will encounter above 4500 level, it is very unlikely that a smooth upward acceleration will be experienced.
The high of today will be somewhere within the vicinity of 4500-4510. This will only happen if the pair does not move below 4400. If it moves below 4400 then the low of today will be around 4350. In that case the 4500 level will be out of reach and a different high...Ignored
DislikedHere are a few trades I took using the circles as trendlines...arrows are entries...hope i am drawing these things rightIgnored
DislikedI was scalping last few weeks now back 2 Plan A
http://www.youtube.com/watch?v=go9uekKOcKM
Have we reach there Yet?Ignored
DislikedHere is my take of the hourly time frame.
The first spot to short this pair is at 4310,
The second best spot to go short is 4324.
Because of the spear like thrust that the pair has been experiencing since 4470, and the fact that this motion is the start of a impulsive wave on the daily time frame, it will travel quite far before a decent size retracement.
So I would say anywhere within the 4140-4180 region is where the real retracement begins. For now retracements will be within the 23.6 - 38.2 fibonacci level of a drop on the lower time...Ignored
Dislikedgreat call an analysis Kambooj.....I think you are getting closer to a higher probability in your analysis....Keep it upIgnored
DislikedAlthough I dont trade NFPs, but here is my view on the outcome of NFP today...Ignored
DislikedHello dear bro
PA Hit 4070 since 4h and no sign for bulls INTERESTING
Don't u think so Or maybe that because Time and US Close today?
Well i will b watching my daily and c what i can doIgnored