Sequence of Analysis

1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily

Wednesday, November 5, 2008

forex EUR-USD Technial Analysis

Alright now where should the EUR-USD is going for this week until Friday?

It's seems to be easier to see the where it is heading to because weekly slow stochastic is already moving upwards direction. As i have discussed before over and over again about the two candlestick counting standard where you can search in the blog.

So let's guess how many candlestick will be formed until this Friday end? He he i answer myself it's 2. Then let's proof it if i am wrong or right by the end of this Friday 2 white candlestick. By the power of Nostradamus the great we will get back to see the chart when Friday ended.

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