Friday, February 19, 2016

Weekly Analysis - GU 22/2 - 26/2

Update

Week 3 (15-19/2/16)

High - 1.45355
Low -  1.42351

Trend : Bearish

Potential Move

High

1. 1.46678
2. 1.45781
3. 1.45355

Low

1. 1.42275
2. 1.43506
3. 1.42351

The third week notes
- the total range made was 300.4 pips which is slightly higher than the second week of 227.5 pips.
- the price did move as bearish movement which coincides with the 1st 2 weeks 2nd weeks rule.

The 4th Week
- Another bearish week is expected due to both high and low is lower than the 3rd week.
- Price movement is potentially between 1.45039 and 1.42039
- Bankai price as at 1.44530.

Setup
- Sell Limit 1.45039 TP 1.42039
- Sell Limit 1.44530 TP 1.42039

Notes
- If the price break 1.45500, then potential bullish instead towards 1.46039.

Trade Wisely
User Proper MM
Don`t Overtrade
Always Follow The Rules.

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