Thread: Eurusd H4
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Old 11-23-2005, 02:05 AM
jdun jdun is offline
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11-22-05
02:51 GMT
10:09 PM EST(USA)

Looks like I was right. Didn't think the up trend would start this soon. The I_trend and MACD are good early trend indicators. The LSMA in 3 colors has just crossed the MA line, which signal an upward trend. The PerskAsctrend1 and
BykovTrend_Sig are aliened to each other, which give a very strong indication of an upward trend. SHI Channel still indicates an upward pressure. The NRTR WATR all pointing toward upward pressure.

Every look good but like I say before strong resistant: 1.1780 range and we can see in this chart. If it reach past the 1.1790 range for the next few bars it probably means that it has power to carry it to new heights, but I don’t think this is the case because the I_Trend and MACD is narrowing. It’s a wait and see game now.
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