Wednesday, Mar 04, 2009 - 01:35PM ( GMT +8 )
Yesterday market was not trending bearish or bullish, but for major trend still in bearish. Our target for yesterday only almost reach target 1 for long position, then market reverse down but not even reach our target 1 for short.
Today, market open at 1.4022 below the Pivot(1.4054) and then moved down to the yesterday low at 1.3983. This situation called double bottom and the earlier signal for reversal trend. However, please always follow our rule and make sure confirmation market before take any position.
Market predict for today, if price move up and succesful break the Pivot, then we can long position and all 3 target profits are :
BUY AREA : 1.4064
TP1: 1.4090
TP2: 1.4156
TP3: 1.4227
Market still bearish, also major trend, so wait for retracement at 61.8%, if Pivot can not break then continues yesterday down, our short position and 3 target profits are :
SELL AREA : 1.4039
TP1: 1.3983
TP2: 1.3917
TP3: 1.3876
GOOD LUCK FOR TODAY
Always trust yourself, trade what u see from the chart, don't trade what u think and use your own prediction and compare with my prediction......
Save Palestine For Allah.....
THIS MARKET PREDICTION BROUGHT TO YOU BY : Sifu WA
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