Thursday, April 23, 2009

Correction of EUR/USD

EUR/USD seem to be in a uptrend



This could be a correction of the 1st wave from the downtrend starting from 14/04/09 to 20/04/09. The 1H EMA and Parabolic show uptrend, 4H Parabolic Uptrend
Targeting the take profit from the 3th wave by selling at this position
EP= 1.3200 - 13165 SL = 1.3305 TP = 1.2765 TS = 120-150pips

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