Wednesday Analysis - 24/2

Update Last Tuesday - 23/2/16

High - 1.10521
Low -  1.09894

Trend : Bearish

HIgh

1. 1.11241

2. 1.10521

Low 

1. 1.10025

2. 1.09894

Potential move 

Yesterday's notes
- the price move bearish as expected.

- total pips made yesterday was at 62.7, which is lesser than the targeted 78.4 pips ( (15.7 pips differences)

- total pips thus far is 184.3 pips.

- potential pips movement for Wednesday is 115.7 pips.

Wednesday

- Price may be bearish if it were to continue yesterday move to break the 1.0975 HZ zone

- Today is the "pivotal day", and if the price close above than yesterday low - we may look for a potential bullish for tomorrow "breakout day".

- Potential pips movement is 115.7 pips

- SHUNPO price range between 1.10425 to 1.09425

QT Notes

- K LEVEL  - 1.1000 - 1.2000

- LQP LEVEL - 1.1000 - 1.1250 / 1.1000 - 1.0750 

- 100 PIPS - 1.1000 - 1.1100 / 1.1000 - 1.0900

- HESITATION ZONE: 1.1000 - 1.1025 / 1.1000 - 1.0975