Tuesday, September 28, 2010

a BATy Eurusd

Assuming ABC are established for the moment, we have points of confluence at 1.4040~90, AB=CD, 2.0 BC, prior S/R & BAT .786XA.

If this area fails then we look to the decending daily trendline, 1.27ABCD, 2.618BC and prior S/R at 1.4430 to provide the next opportunity of probabilities.

B also contains a potential Crab with D falling around 1.4040ish

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