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Old 03-24-2008, 08:13 AM
Nili Nili is offline
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Join Date: Nov 2007
Location: Moldova, Chisinau
Posts: 95
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Here is the trade plan for today
Quote:
Hello everybody!
Let's start the new trading week together. Let's start with a look at the picture.
gbpusd-24mar-m30.png (image)
On the H1 time frame we have a descending trend, but on the M30 we can see the consolidation. So we have two variants of movement. If 1.9879 level will be broken the consolidation will continue with the resistances 1.9938; 2.0116; 2.0249.
And if the 1.9736 level will be broken we will have the continuation of the down trend with the further supports 1.9641; 1.9515; 1.9373.



Best Regards,
Tacomy
the trade plan is taken from Forex blog: Daily Reviews and Tips for Your trading
Good Luck
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