Wednesday, May 18, 2011

UJ for 10

No real clean turn signals on the lower timespans on this pair for my "stuff" at the moment...

"intra trend" best fit is the following hourly, n would consider the channel to be the more usefule than the potential of MACD based wave hints.

Larger timespans do suggest a turn for the upside is in the cards, but this cureent fortnight or so of up action does resemble a bear channel/flag

if marked MACD mav based wave count correct then price is currently in a wave 5 up and expectations are that such a wave will be around the same length as that for marked waves 1 to 3, with possibility of 1.618 times waves 1 to 3 as marked with vertical line segments and thin horixontal red line

No comments:

Post a Comment