FORECASTING FINANCIAL MARKETS USING ELLIOTT WAVES THEORY AND GENERAL TECHNICAL ANALYSIS.
Thursday, February 13, 2014
EurUsd sell signal
This pair rose from 1.3500 last week and having seen a worse NFP data, I was expecting this pair will thrive to 1.3700 A pin bar was formed on Tuesday altering the full bullish move. This pin was confirmed yesterday by a full bearish candle
I will sell on pending order @ 1.3615 and put my stop loss @ few pips above the high of the pin and target 1.3510
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