Personally i've been follow this pair, i see 1.0500 - 1.0600 as a Resistance zone. 1.0550 will be an ideal place to setup sells limits. On other hand base on 4H chart and Day Chart, its gonna break. i would favour a brkout towards the north as HLs are formed. If you notice towards the 4H Chart its nearing the 'Jump' area of the Cloud Senkou A. As for Day chart all lines except Kuji Sen is pointing north towards the exiting above the bearish cloud. It might be a Jump up towards 1.05/1.06 zone and a Lower Low in near future towards 1.0000
- #56,323
- Nov 13, 2012 8:07am Nov 13, 2012 8:07am
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- #56,325
- Nov 13, 2012 10:28am Nov 13, 2012 10:28am
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- #56,326
- Nov 13, 2012 10:30am Nov 13, 2012 10:30am
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- #56,329
- Nov 13, 2012 11:00am Nov 13, 2012 11:00am
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- #56,330
- Nov 13, 2012 11:08am Nov 13, 2012 11:08am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
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- #56,331
- Nov 13, 2012 11:13am Nov 13, 2012 11:13am
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- #56,332
- Nov 13, 2012 11:31am Nov 13, 2012 11:31am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
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