My plan for the EURUSD in the next week - from 2013.11.03

[Paulo Oliveira]

Analyzing the periods of timeframe:

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EURUSD, MN1, 2013.11.02

ForexTime Ltd., MetaTrader 5, Demo

temp_file_screenshot_64088.png

Monthly trend bearish

Strong Resistance in blue lines  around the price 1.36990 -

If no incident happen in the fundamental analysis, this month October is to invest short mainly!

My target main is green line above!

 

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EURUSD, D1, 2013.11.02

ForexTime Ltd., MetaTrader 5, Demo

temp_file_screenshot_35509.png

In this next two weeks, I believe the price will make a swing in the area of the green ellipse. 

So probably go  form a figure Shoulder - Head - Shoulder and then the price will continue going to the bottom 

 

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EURUSD, H4, 2013.11.02

ForexTime Ltd., MetaTrader 5, Demo

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In the picture below my goals for next week

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EURUSD, H1, 2013.11.02

ForexTime Ltd., MetaTrader 5, Demo

OPEN TRADE IN H1 - TO NEXT WEEK! FROM 2013.11.03