View Single Post
  #122 (permalink)  
Old 03-06-2008, 07:21 AM
Nili Nili is offline
Member
 
Join Date: Nov 2007
Location: Moldova, Chisinau
Posts: 95
Nili is on a distinguished road
And here is the trade plan for GBPUSD
Quote:
Hello everybody!
Yesterday we had a nice movement. First it braked the minim of the flat, then it made a wave up (M5) And then this nice intraday trend begun. It's correction could be the 4th wave, and then it will go in the 5th. For this scenario to happen it shouldn't break 50% of third wave 1.9865
Take a look at the picture
gbpusd-06mar-m15.png (image)
So if the minim will be broken we will go in correction with the supports 1.9873; 1.9823; 1.9751
And if the max will me broken we will have the resistances 2.0058; 2.0117; 2.0214


Best Regards,
Tacomy
Good Luck
Reply With Quote