General Overview for 20/11/2013:
It is possible for wave (ii) green to finish its downward wave progression in shape of a ZigZag @ 0.8318. However any price below KEY ZONE invalidates the count and makes wave 2 black bold even more complex and time consuming.
Support/Resistance:
0.8300 – Swing Low
0.8306 – WS1
0.8361 – 61%Fibo | Technical Resistance |
0.8384 – Weekly Pivot
0.8414 – Technical Resistance
0.8430 – WR1
0.8462 – Intraday High
Trading Recommeandations:
Longs should be in play from 0.8318 level with SL below 0.8300 with TP OPEN for now.
As You might have noticed I’m taking a part in “Analyst of the year” contest organised by InstaForex broker MT5.com portal.
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!
It is free, simple and easy to vote for me EVERYDAY!
This is what You have to do:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
3. Click on RAISE UP
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2.Click on the link:http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader
3. Click on RAISE UP
0 komentarzy