Her is another simple technical setup. I thought this is a beautiful chart. Unintentionally, I have turned this blog into a chart library. Well, not a bad idea. Anyway, watching this symmetrical movement into resistance zone. At the time of posting, the pair starts moving down during early Asian session…let’s see how it goes. Here […]
ABCD
$USDCAD 17 May 2011
[tab: Setup] Here is the chart I tweeted earlier on. I am watching $USDCAD to complete the symmetrical movement and potentially a reversal at the resistance level. *Thinking:What else do I need to write …..* Here is the …. CHART! [tab: Update 20 May 2011] $USDCAD stalls ahead of Core CPI and Retail sales figure.
$EURCHF 10 May 2011
EURCHF back to the bottom of the trading range, and is also testing support level in daily chart. I see a opportunity to play at the Long side with potential target at 1.28. Here is the … CHART!