EUR/USD Daily Video, July 26, 2011

Sive Morten

Special Consultant to the FPA
Messages
18,669
Good morning,
first part of our trading plan has completed - market accelerated to the upside and hit daily AB-CD target.
Now, as we've said, we have to be aware of possible retracement down. Hence, our primary task for today is to watch for potential reversal patterns on lower time frames:




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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