thurs 19th jan 2012
Yesterday's daily t/f bullish candle mirrors eurusd. Upside follow thru so far today after a pullback to 5414. Current Daily hi is at top of the prev 1hr sw lo zone/6 fib cluster to 5452. Yestrday's pip range just short of the 20day atr, subdued so far today at 31% of that.
To the immediate upside of current price;
[ 5435-52 6 fib cluster
[ 5447-52 prev minor 1hr sw lo x 2 zone
5456/60/62 fibs
5464 Weekly R1 @/around
5470 Daily R1 @/around
5478-87 prev 1hr sw hi zone incl 5480/81 = 2 x fibs
5490-5500 prev Dly/4hr/1hr sw hi zone
5503 50% 5774-5243
5510-24 prev 4hr/1hr sw hi zone incl 5513 = Daily R2 @/around and 5514 and 5521 = fibs
5530-40 descending 4hr t/line on this present 4hr candle
[ 5550-55 descending Daily/ 4hr t/line on this present 4hr candle
[ 5552 76.4% 5670-5234
5558/59 2 x fibs
5560 Monthly Pivot @/around
5567 61.8% 5774-5234
5574 38.2% 6130-5234
5582 76.4% 5690-5234
5585 Daily R3 @/around
5589 2 x fibs
5597 85.4% 5670-5234
5613-29 prev 4hr sw hi zone incl 5615 = Weekly R2 @/around and 5622 = 85.4% 5690-5234
5645 76.4% 5774-5234
5650-60-70 prev Dly/4hr swing hi zone incl 5662 = 50% 6091-5234
[ 5675-85 descending Daily t/line on this present 4hr candle
[ 5675-90 prev Dly/4hr sw hi zone incl 5681 = 50% 6130-5234
[ 5694-99 3 fib cluster
[ 5697-5707 prev 4hr sw hi zone
5710-24 prev 4hr sw hi zone
5730 Weekly R3 @/around
5743-74-78 prev Dly/4hr sw hi zone incl 5759 = Monthly R1 @/around and 5762 = 2 x fibs
To the immediate downside of current price per current 1hr screenshot below where DP is @/around 5406.
Bullsih so far intraday.
G/L