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Daily candle chart

  • #13,061
  • May 6, 2012 3:28am May 6, 2012 3:28am
Ej has space but must break ,look for break
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  • #13,062
  • Edited 4:06am May 6, 2012 3:34am | Edited 4:06am
Quoting Bones
I think 1.3 must go ,rising tl target ,and later can add confluence ,no divergence or strat cloud ,just price

First im looking at a confirmed tl touch (channel ) also im looking at the bearish close w1

later Eur Lfx and Usd lfx
May be 1.30 a must but seems not that confidence as there no must in forex & even go there or break also , chart indidate up side still . higher tf also supporting this possibilities . specially the monthly with huge buyers at & above 1.30 right now waiting. so actually with end the present small move down expect more correction up, ab & then c before the down , specially below 1.30 .

As it got an life extension down after a bull signal for more correction very recently this continued down for this present smaller move now & further down movement can null & void to continue more UP , all possible also . that is no b for the rest down also possible !!

So likely move up towards 3114 before down towards 3066/62/32 or above 3000 decide next .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 13 KB
Click to Enlarge Name: eu1.gif Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #13,063
  • May 6, 2012 3:40am May 6, 2012 3:40am
Fontu please refer to post #13062
Im looking to set out high probability through confluence
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  • #13,064
  • May 6, 2012 3:41am May 6, 2012 3:41am
Look at what price has done !it tells a story no ?



Quoting Bones
In all honesty I think this chart speaks for itself ,but if you were long on that bullish candle where would your stop be?
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  • #13,065
  • May 6, 2012 3:42am May 6, 2012 3:42am
lfx next
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  • #13,066
  • May 6, 2012 3:44am May 6, 2012 3:44am
really nice trend ,really nice ,major falling tl in danger candles I believe tell us
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx d1 5-5.gif Size: 22 KB
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  • #13,067
  • Edited 4:04am May 6, 2012 3:52am | Edited 4:04am
In down channel ,support in danger,support to go before eu


Quoting Bones
Push off low not so strong yesturday
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx d1 5-5.gif Size: 30 KB
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  • #13,068
  • May 6, 2012 4:12am May 6, 2012 4:12am
look at the engulfing where is it going ?? still valid tho beware
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx w1 5-5.gif Size: 21 KB
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  • #13,069
  • May 6, 2012 4:27am May 6, 2012 4:27am
against bulls is long term tl ,but look at the open ,tl in danger
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx m1 5-5.gif Size: 20 KB
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  • #13,070
  • May 6, 2012 4:34am May 6, 2012 4:34am
as long as open back over tl I believe
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx w1 5-5.gif Size: 25 KB
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  • #13,071
  • May 6, 2012 4:35am May 6, 2012 4:35am
a guess would be open over long term down TL complete guess
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  • #13,072
  • May 6, 2012 4:41am May 6, 2012 4:41am
Monthly Fontu ,buyers running out of steam ?


Quoting Bones
I think 1.3 must go ,rising tl target ,and later can add confluence ,no divergence or strat cloud ,just price

First im looking at a confirmed tl touch (channel ) also im looking at the bearish close w1

later Eur Lfx and Usd lfx
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  • #13,073
  • May 6, 2012 4:45am May 6, 2012 4:45am
Yes may be real buyers that area tl look real nice don't it ,on your toes there if short ,but monthly not exactly nice looking bullish candles ,the last touch of that tl great result in candles (monthly)
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  • #13,074
  • May 6, 2012 4:53am May 6, 2012 4:53am
also pivot lines up with tl
Attached Image (click to enlarge)
Click to Enlarge Name: eu fontu.gif Size: 13 KB
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  • #13,075
  • May 6, 2012 5:12am May 6, 2012 5:12am
I think we could be buyers if we go
Attached Image (click to enlarge)
Click to Enlarge Name: eu d1 use.png Size: 39 KB
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  • #13,076
  • May 6, 2012 5:28am May 6, 2012 5:28am
1.2800 RN ,long term tl Ms2 ,Ws3 ,nice monthly pivot ,lots to think that will hold ,I think that is target ,subject to open
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  • #13,077
  • May 6, 2012 6:15am May 6, 2012 6:15am
Looks good Stu ,we see the same I think ,like your wedge hope thats not bullish haha
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  • #13,078
  • May 6, 2012 6:20am May 6, 2012 6:20am
Market will need to be aggressive to take 1.3 im looking for that
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  • #13,079
  • May 6, 2012 6:32am May 6, 2012 6:32am
Quoting Bones
Market will need to be aggressive to take 1.3 im looking for that
Last 3 Days consumed previous 8/9 days bull activity. May get one more bounce on my daily lower TL before it breaks to down side. Don't anticipate it retracing more than 3180 -3205 ish though. Any way thats my plan and sticking to it. Of course until that is it proves otherwise ! What bullish wedge ?ha ha http://www.forexfactory.com/images/icons/icon7.gif !
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #13,080
  • May 6, 2012 7:34am May 6, 2012 7:34am
No Bones No

Quoting Bones
opps I meant this one ,not really but would be nice GBP NZD Short
Attached Image (click to enlarge)
Click to Enlarge Name: nzd lfx w1 6-5.gif Size: 21 KB
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