FOREX PRO Weekly March 12 - 16, 2012

cheater

Private, 1st Class
Messages
47
It looks like that my suspicion from yesterday turns to reality...If market closes strong today, next week we`d probably have nice reverse H&S trade, after some retracement?!
I am switching continents next week, so probably be away from market for a while! Good luck everyone!
still cannot see your chart
 

Triantus Shango

Sergeant Major
Messages
1,372
but as long as 3191=61.8% is holding... maybe not a full fledged reversal yet... although, perhaps we'll play the range 3000-3400 for the next few weeks?

3185 = 38.2% from the drop from 3486


Sive there is another k resistance on the daily chart but my fear is that now two k areas have been broken. Maybe the tide is turning again
??
 

Triantus Shango

Sergeant Major
Messages
1,372
looks like you were right. good call. btw, which continent are you going to? is that gonna be a long-term, relocate-to-live-there move?

It looks like that my suspicion from yesterday turns to reality...If market closes strong today, next week we`d probably have nice reverse H&S trade, after some retracement?!
I am switching continents next week, so probably be away from market for a while! Good luck everyone!
 
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