Tuesday, November 27, 2012

EUR/USD 27 Nov 2012 - 1HR Chart


Wave 5 has certainly formed and we should expect an ABC correction for the rest of the week.

EUR/USD has just confirmed its bearish tendancy for this week. I recommend opening sell position only at the peaks, preferably at around 1.2975 stop loss at 1.3010 and first target (TP) at 1.2905 - 1.2885 region.

If you followed my trade recommendation from this post, then you should have got 60-80pips profit

No comments:

Post a Comment