Good morning to all 5:58 AM here drinking my coffe and make market update on euro usd chart On first chart we have eur/usd 1 hour timeframe and next is eur/usd daily timeframe.....now who win the battle, one hour timeframe or daily?
On one hour timeframe we have energy point and on daily timeframe we have on 19 february zoom on median line, 20 february test of median line and now sems to go down.
I will not trade in one hour timeframe because i like to see some swing.
How i say 2 days ago i expect a retracement today on daily timeframe and maybe now start to go down .
I will keep my eye open on eur/usd 1H imeframe and maybe euro usd will go down to 1.4695 then go up again and make some swings to go up to complet also triangle pattern and pitchfork daily pattern.
We will see what happen today
Happy trading and green pips be with you
Thursday, February 21, 2008
Good Morning
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