[Archive] FOREX - Trends, Forecasts and Consequences (Episode 9: November 2011) - page 80

 
solar:

Momentum is positive, a break of the local downtrend will cause an uptrend.


Targets are way up, almost out of sight)))) Agreed.
 
strangerr:

Targets far above, hardly visible)))) Agreed.

in general Sunday forecasts are very self-defeating )))) . monday will set the highs and lows, and we'll see ))))
 
strangerr:

Hi, everyone's lost you here))
 
RekkeR:

br_oko.

And all the other indexes too.

Digging around, keeping your head down? )))

Nah, really only opened the mcl forum a week ago (and that's because I needed a co-base). It's really starting to bore me :)

 
solar:

Momentum is positive, a break of the local downtrend will cause an uptrend.


Can you tell me what your indicators are?
 
strangerr:

Good to see you. It's quiet and boring here without you.
 
strangerr:

Targets far above, hardly visible)))) Agreed.
Hi! Not visible at all - maybe in the next five years?
 
Can't see any borders at work yet, we'll approach 1.34 (1.33) then 1.37... until Wednesday I see it like this
 
strangerr:

Targets far above, hardly visible)))) I agree.

Are you watching from a well or a cache?

Hi.

))

 

So the eu broke away from the strong daily resistance on Thursday and drew a "morning star" pattern on Friday, a sure sign of a reversal in the current trend. Here's my view of the situation:

However, the ishimoku remained in the same vein:

Chinkou Span has still broken through the price level - so a bounce from the cloud and a further downward movement is not excluded.

P.S. But still the variant with the north seems more probable to me.

Reason: