Saturday, February 27, 2016

Weekly Analysis - EU 29/2 - 4/3

Update Week 4 (24- 26/2/16)


High - 1.11149
Low  - 1.09110

Trend : Bearish

Potential move

High

1. 1.12467
2. 1.13760
3. 1.12499
4. 1.11149

Low

1. 1.08142
2. 1.10860
3. 1.10660
4. 1.09110

The fourth weeks notes
- The price movement was bearish as expected and near the targeted lowest price of 1.09290.
- Total range movements is 203.9 pips
- Friday moves was not expected as thursday was bullish. Keep in mind to always follow the weekly trend instead.

The NEW week
- Price is expected to continue it`s bearish week, but it all depends on the monday closing price to determine the next trend momentum
- Price is expected to move between 1.10110 and 1.07110

Bankai Calculations
- 1.101295

Setup

Shunpo
Sell Limit 1.10110 TP 1.07110
Buy Limit 1.07110 TP 1.10110


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

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