Review for the 31-th of January 2007
Axel
inaccessible
Befor Europe
The main currencies pointed ZZs on h4 – the main supports and resestences
a) up - 3 wave or wave C
* recoil
* puncture of the h4 max
* from the recoil ("2 wave" or B)
b) down
* NOT puncture of maxs and then downwards by the grid of zigzag on h4
* structure of movement and fibo targets for short-term will see on m15
* puncture of h4 min = a bearish wave on h4 (162% 1.9546-1.9694)
1.variant a
2.variant b
Europe
GBP - the up ZZ is LOWER than the previous one + puncture of the min = fibo targets are below
162% from h1 (1.9600-36) 1.9578
m5 grid 1.9511-34
162% from the last recoil = 1.9510 = 62% of the bullish wave on D1 1.9261-1.9916
1.Flat
2.Grid h1
3.Grid D1
4.Exit from transaction + coincidence of levels + reserve of movement
5.Optimal exit as allies didn't support
America
GBP 1.9481 (162% from the flat recoil)
significanse of the m 15wave 1.2928-61
a) further upwards in case of puncture of 1.2961 = m15 1.2928-61
2 wave, 3-d wave up ( we can see 5-waved structure in the 1-st wave of EUR 1.2925-61)
b) further downwards in case of puncture of 1.2925 = 1 wave, it's going the 2-d wave now (if doesn't puncture 1.2961), 3-d wave downwards in case of puncture of 1.2925(28)
while EUR doesn't puncture ZZ downwards on m15 1.2925 there is a possibility of a turn (condition is puncture of 1.2961)
flat D1 1.2865-1.3047
a) upwards - 162% 1.3150 and above
b) downwards - up movement on h4 = waves a-b-c
then puncture of supports 1.2925 and 1.2865
RES 4: $1,9730 daily max of 25 Jan
RES 3: $1,9695 daily max of 30 Jan
RES 2: $1,9635 hour max
RES 1: $1,9600 daily min of 30 Jan
current rate: $1.9535
SUP 1: $1,9530 55-daily MA
SUP 2: $1,9475 level of sup from 16 Oct
SUP 3: $1,9419 76,4% recoil from $1,9917-$1,9265
SUP 4: $1,9320 daily min of 10, 11 Jan
1.Grid on the recoil on m15
2.Exit from transaction + opening of the fan of MAs
2 day flat has finished
A signal gave allies + opening of the fan