Tuesday, March 14, 2017

Updates - Tuesday

EG

Price OD on Monday was at 0.87787 which is above 0.8775 (outside the OSUS zone) - thus momentum should have remain bullish towards 0.9250 (HQV), 0.8975 (SQV)

As the previous 2 weeks trend was bullish thus it would look the same for the 3rd and possibly last bullish trend unless they were a potential extended bull wave. (OC above any price zone )

Present sell entry that i`ve made yesterday was purely based on h4 timeframe which still not as a good as the daily timeframe itself.

I may or will cut my sell entry tomorrow - depends on the OD and the trend (which presently has break previous week high)


EJ

Price OW was at 122.624 which is still within the OSUS zone and no clear direction whether price bull or bear, thus i awaits a price move within the h4 timeframe, which it did yesterday afternoon below 122.25.

However, it is still remain unclear on the direction as todate both OD remain within the OSUS.

Let`s look on wednesday then..


UJ

Price OW was at 114.760 which is within the OSUS zone thus no clear direction. I opted for sell as the later part of the day h4 indicated, but again it`s not a great option since 2 days OD remain within the OSUS.

Is it pending for the coming JAPAN news soon?

GOLD

Price OW was at 1204.67 which is above the OSUS zone of 1202.50 thus signalling bullish momentum towards 1222.50 - 1225

The momentum remain as of today as the OD remain above 1202.50 despite a bearish momentum from the previous day high of 1211.

BE will be set once the price hit the 1st tp of 1207.50.




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