UpdateWeek 1 (1-5/216)
High - 1.12467
Low - 1.08142
Week 1 opening price - 1.08314 (17.2 pips) different against the weekly.
Potential move
The first week notes
- as i have mentioned previously, that the price may have achieved the weekly and monthly range as the total range for the week / month presently has reached 432.50 pips.
- if it`s as per my "calculated" , then the week 2 would be bearish until it has achieves it`s monthly low which look set between 1.06467 or 1.07467 (with previous month low at 1.0705)
The 2nd week
- price is expected to retrace back to the 1st week high at 1.12467 (1.1200-1.1230 range) before going down towards 1.10467 / 1.09467.
Note
- If the price somehow break above 1.125, thus the probability of another bullish week is possible between 1.10566 to 1.13566
Trade Wisely
User Proper MM
Don`t Overtrade
Always Follow The Rules.
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