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Tuesday, 4 December 2012

EUR/USD M30 & H1 Update + TPI

Rationale:

My projesction for wave 5 end is the area of 38%Fibo Expansion (1.3120), Weekly Pivot Resistance (1.3105) and supply level (1.3126). The last candle in the wave progression is a  H1 Doji.

Please notice there was Fibo Time Cluster Projection for wave 5 end @ 20:00 - 21:00. Right now it is slighty amended to 00:00 - 01:00

Entry:
Short Market 1.3101
SL:30pips.
TP: 1.3000

Take care,
Seb



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