Wednesday, March 13, 2013

Recap 12 Mar

EUR - View was: D positive close inside bar, higher low. We'll see the reaction at London open, so far the move up is significantly weaker than 7 March. Bias down to the previous lows.
We did move down in line with bias to the previous low and had a bounce from 1.2990.

GU - View was: D closed a doji and the divergence is still showing. 4hr flow still lower high lower low. Bias down.
Down bias played out after London open, after which a significant bounce up.

EJ - View was: D positive close. 4hr shows the pause at the previous high with sell negative divergence. We'll see the reaction at London open. Bias remains up, we can obviously move lower from the highs.
A strong move down during late Asia/London morning.

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