Wednesday 5 October 2011

Buy signals

AUD: buy above this triangle


EUR - buy above rising triangle 1.3350 level. First target is 1.3400
Notice, how Euro got back into the channel on 4H


GBP
4h chart shows possible double bottom.
21MA at 1.5490 may slow down but above it GBP is going to 1.5550/60 area, its first resistance area. Then the next target is 1.5675/80

Now, pay attention to rising triangle on 1h, buy above.
Stop losses should be below rising uptrendlines

Good luck



























No comments:

Post a Comment

Suggestions and ideas are welcome but let's keep it civil please