1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

EUR/USD Daily Video, February 14, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Feb 14, 2012.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

    Joined:
    Aug 28, 2009
    Messages:
    11,969
    Likes Received:
    16,129
    Good morning,
    since market has not closed above 1.3261 yesterday - it has held our bearish pattern valid.
    Hence, at current time we have to trade according with it - search possibilities for short:





    The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
     
    #1 Sive Morten, Feb 14, 2012
    Lasted edited by : Aug 15, 2015
  2. pringy

    pringy Private

    Joined:
    Nov 6, 2007
    Messages:
    18
    Likes Received:
    0
    Morning Sive,

    If it reverses up after the ABCD move (although it looks like it might have started already), it will look like a bullish gartley too in the 8 hr timeframe? Would that mean that the target short area is at more risk?

    And being a "weak" DRPO, would you favour this Gartley pattern?

    cheers
     

Share This Page