Monday, February 8, 2016

Tuesday Analysis

Update Last Monday - 8/2/16

High - 1.12152
Low -  1.10860

Open Daily (Tuesday) - 1.11921 (overall bullish trend)

Potential move

The first week notes
- as i have mentioned previously, that the price may have potentially achieved the monthly range, thus this week would focus more on bearish momentum.

Yesterday's notes
- the price did move toward the low at 1.10860 (our calculation at 1.10816) before retracing back to the bullish high. As the Shunpo rules indicate that the first 2 day is the first trend, thus another high is potential on the next day.

Tuesday
- price is expected to move back between 1.12171 (potential weekly high) and back toward low of 1.11171.

Note
- If the price somehow break above 1.124, thus the probability of another bullish toward a week high at 1.125-1.132.

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

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