EUR/USD Daily Video, February 23, 2012

Sive Morten

Special Consultant to the FPA
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18,564
Good morning,
although situation on daily time frame still demands some clarification - on intraday charts it looks like market will show some upward move continuation:




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.
 
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now euro/usd is 1,3325 and strong bullish.

I should have understood that , because market didnt care many bearish head-shoulder patterns appeared in 1H and 4H time frames.

when the market doesnt care bearish patterns , this means that new highs are close. this is my best signal..:cool:
 
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