Friday 17 June 2011

Friday,17/06 Outlook

Daily-Down trend and not oversold yet.
H4 -Rest-1.6225,Supp-1.6074
H1-Rest-1.6167, Supp-1.6097
M15- Rest-1.6167, Supp-1.6137
Strategy :
Long-
1.Waiting Indi#3 valid on H1, Indi#3 on long track now. Rest 1.6167 should be breakout 1st and target will be H4's rest-1.6225.
2. Indi#2 already valid..just waiting confirmation.

Short
1.H1 need to be breakout the suppt-1.6097.
2. Wait for the H1 indi#2 and #3 valid and confirm continuos of downtrend.

To be continue during London season.

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