Thread: Sell Eur/Usd
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Old 16-11-2004, 10:31   #775 (permalink)
Iris
Time<>Price
 
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Eur/Usd...................
Quote:
Looking for a North containment at the NT61.8 TimePhib at 1.3028 for a South Reversal decline thru 1.2950<>1.29 for a retest of important support at 1.2850 basis.
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Time/Price from the Open has a North High at 1.2997 with a current South Low at 1.2916...Looking for the North containment to move down to 1.2955/65 for a South move next level to 1.2910 to a break of 1.29 to 1.2880<>1.2850 basis.
Time/Price has North advance to 1.2994...as 1.30 has become increasingingly harder to break with the North Bulls being overturned on a 4th attempt. Looking for major resistance North containment/Stops at 1.3028 to be the Bull Test for a run to 1.3075+... for South Reversal Entries to 1.2950<>1.2910 thru 1.29 to 1.2880<>1.2850 basis.

The North Bulls launched off of the 1Hour>200MA at 1.2910/20 only to run into another Apex decline...1.2880<>1.2850 will be a 5th attempt at a break of 1.30<>1.3028 basis...with a South break of 1.2850<>1.28 targeting the 1.2650 level.
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