Tuesday, February 2, 2016

Wednesday Analysis - 3/2/16

Update

Tuesday 2/2/2016 (yesterday)

High - 1.09394 (break previous monday high)
Low - 1.08847

Today Open daily - 1.09176

Potential move

Yesterday's note
- price to break the previous high and may reach 1.09460 as the next daily high (slight differences of 7 pips)

Today
- price to break the previous high and may reach 1.09672 as the next daily high (and potential of the week)
- our targeted high under SHUNPO is at 1.0987 which is relatively further, and the targeted low at 1.0887
- if the price break 1.0887, then the next low is at at 1.08142. (1.0810 - 1.0820) - potentially will occur during NFP period
- time to look at between the London and NY session for the first trend confirmation.
- potential reversal bearish - so beware.

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

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