after a few days move in the tight range finally it broke up the support area and heading to south yesterday and this movement will be continue toward 9600 area before some pullback will happen......
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after a few days move in the tight range finally it broke up the support area and heading to south yesterday and this movement will be continue toward 9600 area before some pullback will happen......
as i said this pair go in up direction and this is achived my target .9722
http://i53.tinypic.com/2ez05zd.gif
price 0.9277 there is resistance here we can see little bit down movement.
http://i51.tinypic.com/flcav9.gif
see the chart...this price bounce from pink trend line..i hope ye waaps es price ko waapas touch kregaa...
The pair is in downtrend so down movement until 0.9730. But if price able to break 0.9805, we'd see up movement hitting 0.9850, aaj bada news bhi hai 2 hour bad,to volatile hone ka bahut chance hain.
USD/CAD ----> TF H1
Time: 22.06.11 04:53 GMT
Name Value Action
RSI(14) 42.483 Sell
STOCH(9,6) 68.889 Buy
STOCHRSI(14) 93.579 Overbought
MACD(12,26) -0.0014 Sell
ADX(14) 33.72 Neutral
Williams %R -26.667 Buy
CCI(14) 90.5473 Buy
ATR(14) 0.0014 Less Volatility
Highs/Lows(14) 0 Neutral
Ultimate Oscillator 44.335 Sell
ROC 0.062 Buy
Bull/Bear Power(13) 0.0001 Buy
Buy: 5 Sell: 3 Neutral: 3 Indicators Summary: BUY
The current trend downward trend and target 0.9700 and then 0.9670 stop loss 0.9780, even if the price went to the highest point breakers 0.9780, the trend is reversed to the upside targeting 0.9807 then 0.9830
update-
yes nilu you are right its touch bottom trend line as you say
http://i55.tinypic.com/pq1ky.gif
now up trend expected...we can enter 0.9765 price level and target is 0.9793
The current trend downward trend and target 0.9700 and then 0.9670 stop loss 0.9775, even if the price went to the highest point breakers 0.9775, the trend is turn to the upside targeting 0.9807 then 0.9830
http://i1123.photobucket.com/albums/...0118-21-53.png
after all this time I waited, finally opened a special forum of India. This analysis will be a learning day for me. so, if there is follow my analysis, the risk in the responsibilities of each trader.
marbels do exist, but are under the line of 0, and tends to bounce down.
trends that place is still confusing, think I better put up the LIMIT SELL at its highest point ever.