Saturday, February 13, 2016

Weekly Analysis - GU 15/2 - 19/2

Weekly Analysis - GU

Update
Week 2 (8-12/2)

High - 1.45781
Low -  1.43506

Week 2 opening price - 1.44916 (86.5 pips difference from Weekly High compare to 141.0 pips difference from Weekly Low)

Trend : Bullish

Potential move

The second week notes
- the total range made was 227.5 pips which is much lower than it`s normal weekly behavior range.  
- it did not go further than the opening range thus the changes indicate potential trend changes towards bearish for the 3rd week.

The 3rd week
- Bankai price as at 1.44982 as a note for the price to break below it for bearish purposes.
- Shunpo potential High at 1.46049 and Low at 1.43049. 

Note
- Sell Limit : 1.46049 TP 1.43049
  Buy Limit : 1.43049 TP 1.46049

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

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