Euro ...Daily Technical Vision

Fares Shanab

Active Trader
Aug 12, 2012
233
0
42
Jordan
fareshanab.blogspot.com
This was the Candle on Friday

flying up candle

See monthly virtual candle for August

The average price

Compared with a candle for the month of July the average price


Candle body is still the highest in August

Candle of the body of the month of July

Opening 12318

By 25 points from 12293

Closures decreased from 12391 on Wednesday and Thursday

Where he was to achieve 12404 and 12401 respectively

It also

When speaking on the Hi-Low and the candle

Despite the Hi-Low for the previous two days

But he kept raise imposed on it until

Remain in the boarding up

Although decreasing that have occurred

Each of the hi-Low and the length of the candle

But the body of the candle kept the same value 4 points

See chart
Compared with the month of July

430206_1344692671.jpg



Look at the candle on Thursday, compared with Friday

430206_1344692724.jpg





They appear to emanate appearance suggests

Compared with the year 2012 spark


You have made statistical analytical study of the Top

First Top (A) in a previous post

And appeared at the time that the volumes of flows to the radiators, which have formed

Top has bilateral offsetting that was sought by the husband

In order to ensure a balance between the parties to the pair




And now

We will study the last Top , which symbolized her

Code (B) on the following chart

430206_1344696123.jpg



===============

(1) the first thing that draws attention

Bottoms, which was formed like the Circinus, have risen

By 100 points from each

To form the first wave of 12,042 last year the bottom of (A)

My point was the beginning of the formation of 12142 the second top (B)


The pair said the bottom third to land on Friday

Point up the same amount of ex-Alhaan

And check at the point of 12241 to start the establishment of the bottom

Will be the third top of the expected

Will this be the point at which we referred over again and again in

Our analysis of the previous week last

Will this be a permission is the bottom

And this signal would like to share it and that was

That does not fall under engineering digital control chart

To the extent that is suggested by the expected rise

Especially given that:

Daily candle, which was formed on Friday

Have the characteristics of articular candles or reflective




Therefore we expect on Monday with the opening

That did not rise to test the resistance 12320-12330

Then rebound to the area of ​​12240-12260 to re-test

Hardness of the bottom pair who intends to build upon the third wavelength



====================

The question now is whether there

What supports the reading to be the bottom of the 12241 is

Actually began to take shape ..


Readings that is an actual simulation

As we went to it, and suggest referring this:


(1) rapid regression upon arrival to this point

- In the form of a single wave, seeking

- In the form of four waves do not correct their



(2) value of the volumes obtained by Altdfiqih

Rib in italics (right) (250 points) is equivalent to

The left side of the existing value (247 points)

, The distance traveled by the husband to build the ribs

Wave (B) of 12242

430206_1344708999.jpg



In spite of that building right leg took four hours 16 candle

However, the left side took 6 plugs for four hours

This confirms what we went to him and that the lag in building rib Alastbtae

The market is bearish right is still an avid described as good news

To put on a pair crane 300-350 points at least

And the market it acquires the idea of ​​any parties begin

Central European and the purchase of bonds

U.S. Federal and quantitative Altesier

This is the reason for the slowdown and Allku spark to start a boarding

In my opinion, the behavior of the pair will remain in this movement

Until he took the fateful decision


And it

Will be the likelihood of the behavior of the pair in the two scenarios

Inevitable in light of this artistic vision

During the coming days:


(1) to test 12320-12330 rise and fall of the test

12240-12260 and the practice of hardening required for this

The area to be able to lift the bottom of a solid pair

Levels of about 125


(2) to test the landing

Region 12240-12260 and harden

Then rise gradually to areas of 12440 and I expect penetration

This time broke the similar regions 12330-12320

And from there to 12498, and 125 levels



Of course, as a reminder

These two scenarios Qaúman provided stability region 12219-12236




================

I will now to the number of attempts to penetrate the region 124

At the top (B)

And hold Mgarrna with what actually happened at the top (A) levels of 123



Attempts to penetrate the region 124

Attach the following chart to facilitate the study together


(1) has been attempting to penetrate the levels of 124 in

The top of this wave (B) about 12 out of 17 bid 4H candle

By 71%

The average hi-12414 in the Top

Has failed (in theory) either do not practice ..... And technical reasoning that the ruling

Of the chart ... The chart is used to say to land for the construction of the right rib

Top (A) to form a bottom and rebuild the left side of the top the new

The top levels of 124, and Top (B)

Even prompted the pair to fall towards 12241

About 200 points, no more a technical correction

So I expect penetration into whether the pair decided to climb

Traffic will be as easy as it was in breach

12320-12330



may be some one asking

Is 12 enough to try to penetrate the region

The answer

Yes, adequate enough where this figure is similar with what happened while landing

And attempting to penetrate the region as support rail





Attempts to penetrate the area 123

Top (A) is the peak levels of 123


(1) The truth has been attempting to penetrate the region and the average was

Actual penetration 12301


(2) the number of candles the four hours that the pair fluctuation

At the top about 30 candle

(3) the number of attempts to try to break 16 out of 30

By 53%
 
Last edited: