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EUR/USD Daily Video, January 10, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Jan 10, 2012.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    now we have bullish pattern, but it is not quite clear yet - will it lead to significant retracement on daily time frame or not. That's why, while we expect further clarification - let's focus today on short-term perspective:




    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, Jan 10, 2012
    Lasted edited by : Aug 15, 2015
  2. jeff b

    jeff b Private

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    Jan 10 - 3 drive buy

    Out of curiosity, what would be an upside target on a 3 drive buy on Eur / USD ?

    thkx JB

    Great Work! ( and your English is getting better!!)
     
  3. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Jeff, thanks. ;)
    Well, the minimum target of 3-Drive pattern is a high between 2nd and 3rd drives.
     

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