FOREX - Trends, Forecasts and Implications (Episode 17: July 2012) - page 40
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My TS is persistently signalling BUY
Targets and levels unchanged
Euro/Dollar important levels are: 1.2830, 1.2797, 1.2743, 1.2712, 1.2560, 1.2527, 1.2505, 1.2476 и 1.2409. Here we are following the development of the ascending structure from June 28. Short-term upward movement, we expect in the corridor of 1.2712 - 1.2743, breakdown of the last value should be accompanied by a pronounced upward movement, in this case the target is 1.2797. Potential value for the upside, we consider level 1.2830, upon the achievement of which we expect consolidation. Short-term downside movement, we expect after the breakdown of 1.2560, which will have negative impact on the upside pattern of June 28, here targets are not identified. The range 1.2527 - 1.2505 is the key support for the upside, its breakdown will allow to expect movement to 1.2476, before this level we expect the initial conditions for the downward cycle to be formed.
Trading recommendations:
Buy: 1.2712 Take profit: 1.2740
Buy: 1.2745 Take profit: 1.2795
Sell: 1.2560 Take profit: 1.2540
Sell: 1.2505 Take profit: 1.2480
this ts?)
this ace?)
at the pound
By the way, would you mind sharing this thing? I'd like to drive it around a bit...
wait a minute, plaza gave it to me... i'll find it
this ace?)
No, the other TC, the top secret material must be burned BEFORE you read it:)))
Well, even I can draw a trend line, so I don't see what's so secret about it.
Anyway, it's simple, either buy from 2550 and below or sell from 2750 and above (that's for "rebounders"))
What do we do now?
what do we do now?
keep an eye on the fence ))))
By the way, no global news today, so the market is free-floating as they say )))).