Join The Community

Search

Tuesday, 12 November 2013

EUR/NZD H4


General Overview for 12/11/2013:
The corrective pattern of Double ZigZag is almost finished and the target level is @ 1.6418
From this level I would ecpect more downside pressure, but please bear in mind that this might be just a first leg of more complex corrective structure.

Support/Resistance:
1.5911 - Swing Low
1.5957 - WS1
1.6153 - Weekly Pivot
1.6415 - 61%Fibo | Target Zone for wave c green|
1.6550 - 78%Fibo
1.6594 - WR1

IF YOU LIKE MY ANALYSYS PLEASE VOTE FOR ME EVERYDAY ON “ANALYST OF THE YEAR” CONTEST HERE
http://www.mt5.com/forex_analysis_award/profile/index/elliottfxtrader



0 comments:

Post a Comment

Note: only a member of this blog may post a comment.

 
Don't Forget To Join US Our Community
×
Widget