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ABCD Fibo
Started May 10, 2011|Trading Systems|82 replies
Let us have some fun with ABCD Fibo Ingridents M15 Chart where you can see the candles not ...
Let us have some fun with ABCD Fibo Ingridents M15 Chart where you can see the candles not ...
AU based on H1 chart is trending up
EU 8 hour chart my view
This is my 8 hour chart. May be we will touch 134 which is 70 EMA MACD is moving up RSI still above 30 But all depends on PA In Daily EMA150 the candles are close to EMA150 no bigger gap to the down side. And also I am noticing some buying interest ...
I just used the ABC pattern IN H1 chart and I am in green pip now
This morning you will not sell EU you will sell mid change over time UK usa
hit hard unless and until the yellow line which EMA 70 where the candles closes properley upwards Sell Rallies In daily The candle is below EMA 70 looking for more opportunitey to sell rally based on price action
low volume spike up in EU H1 You can pick this up in M15 chart for short gains
If you fix your macd in daily chart you can see at 140 macd was at the top and started to drip down the macd signifies the weakness to go above. based on that it is up to the trader to place shorts at higer levels.
Daily has touched EMA 150 or EMA 50 the candle has crossed half sell all the rallies
possibilitey of touching the 136 again as per M15 chart