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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