Update Week 3 (15- 19/2/16)
High - 1.12411
Low - 1.10660
Trend : Bearish
Potential move
High
High
1. 1.12467
2. 1.13760
3. 1.12499
Low
1. 1.08142
2. 1.10860
3. 1.10660
The third week notes
- The price movement as bearish was expected but not between the price range that was calculated.
The third week notes
- The price movement as bearish was expected but not between the price range that was calculated.
- Instead it moves between 1.12411 and 1.10660 with a total range of 175.1 pips which is pretty much low compare to previous week of 290.0 pips.
- The trend was expected bearish from the first day, but it only changes trend on the last day of the week (which thus far confirm my theory)
The fourth week
- Price is expected to continue it`s bearish week, since the 3rd week high and low is lower than the 2nd week.
- Price is expected to move between 1.12290 and 1.09290.
Bankai Calculations
- 1.118505
Setup
Shunpo
Sell Limit 1.12290 TP 1.09290
Sell Limit 1.11800 TP 1.09290
Buy Limit 1.09290 TP 1.11800
Note
- If price break 1.125, bullish trend instead toward 1.1375 - 1.14
- If price break 1.125, bullish trend instead toward 1.1375 - 1.14
QT#SQP
- 1st Hesitation Zone - 1.10000 - 1.10750 / 1.10000 - 1.09250
- 1st Half Point Zone - 1.10000 - 1.11250 / 1.10000 - 1.08750
- 2nd Hesitation Zone - 1.12500 - 1.13250 / 1.12500 - 1.11750
- 2nd Half Point Zone - 1.11250 - 1.12500 / 1.12500 - 1.13750
Trade Wisely
User Proper MM
Don`t Overtrade
Always Follow The Rules.
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