Monday, September 15, 2008

Analysis

Lemme start with my analysis for this week's TC possibility.

EURO:Price has broken through the bearish channel giving a new 4hour direction which is bullish, so as MACD, which has passed the '0' line and is also giving a new bullish direction. Hope there is a perfect setup on this pair so that we can get an entry point.


Cable: Price has finally started going up after last Friday's move, breakout did also happen after breaking my bearish-orange-support TL there. I hope this pair is also doing its job making a perfect TC. Like usual, time will tell. Happy hunting

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