Saturday, February 13, 2016

Weekly Analysis - 15/2 - 19/2

Update
Week 3 (15 - 19/2)

High  -1.13760
Low  - 1.10860

Potential move

High
1. 1.12467
2. 1.13760

Low
1. 1.08142
2. 1.10860

Potential Opening Monday - 1.12450 / 1.12650

The second week notes
- the price has moved beyond my expectation on the particular week as i targeted bearish but it goes bullish looking for another weekly and monthly high instead.
- never the less, it completed it`s 2nd week to cnfrm the 1st trend thus we may look for a possible change of trend.

The 3rd week
- price may retrace back to 1.13760 should it break the 1.131 - 1.133 within the first 2 days period, and may bearish towards 1.10760 / 1.10860 if it`s break the 1.115 - 1.117 by the next 3 days period.

Note
- weekly setup potentially ; Sell Limit 1.13760 tp 1.10760 , Buy Limit 1.10760 tp 1.13760.

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

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