Friday Analysis

Update Last Thursday - 18/2/16

High - 1.11496
Low -  1.10708

Trend : Bearish

Potential move 

Week High

1. 1.12492

2. 1.11922

3. 1.11784

4. 1.11496

Week Low

1. 1.11273

2. 1.11236

3. 1.11053

4. 1.10708

Yesterday's notes
- the price move bearish instead of bullish, but this was systematically expected as it`s the breakout day (which always occur during thursday / friday)

- the total pips made was only 78.8 pips only

- total accumulation is 342.4 pips with a potential of 157.6 pips for Friday movement.

Friday

- The price clearly indicate bearish for the whole week, and i`m looking for a price closure nearby to the opening price this week at 1.12411. 

- Shunpo i targeted as bullish from 1.10795 to 1.11795 with a potential price might go to 1.12341 (if it breaks all the 4 previous high and remain lower than the opening price)

Notes
- if it does break 1.125, then price would move toward the next HZ level and below 1.1375.
- if the price break below 1.107, then it may move towards the BRN 1.10 for a potential bearish mode as a mean to complete the weekly bearish trend

Trade Wisely

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