.jpg)
The correction has not been finished just yet and there is more downside possible up to 5880 level. From that level the price should bounce back up and trend should resume.
Support/Resistance:
6386 - WR2
6216 - WR1
6086 - Weekly Pivot
5957 - WS1
5880 - Target for wave (ii)
5845 - WS2
Trading Recommendations:
Buy the 5880 level with tight SL.
As You might have noticed I'm taking a part in "Analyst of the year" contest organised by InstaForex broker MT5.com portal.
AND
If You like my analysis or You trade it, or You have learnt something new this is my plea to ALL OF YOU: Please vote for me EVERYDAY!
It is free, simple and easy to vote for me EVERYDAY!
This is what You have to do in four easy steps:
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2. Wait for confirmation email and activation link
3.Click on the link:http://www.mt5.com/
4. Click on RAISE UP
THATS IT!
BIG THANK YOU!!!
1. Register on MT5.COM forum here:http://www.mt5.com/Register/
2. Wait for confirmation email and activation link
3.Click on the link:http://www.mt5.com/
4. Click on RAISE UP
THATS IT!
BIG THANK YOU!!!
Hey Everyone,
BalasHapusI've included a list of the highest ranking FOREX brokers:
1. Best Forex Broker
2. eToro - $50 min. deposit.
Here is a list of the best forex instruments:
1. ForexTrendy - Recommended Probability Software.
2. EA Builder - Custom Strategies Autotrading.
3. Fast FX Profit - Secret Forex Strategy.
I hope you find these lists helpful.