Thursday, March 14, 2013

EUR GU EJ 14 Mar

EUR - D closed a 3 bar reversal evening star pattern, still has evidence of divergence. 4hr on lower high lower low flow. Bias down.

GU - D closed a shooting star, the struggle to go lower continues. The 4hr higher low might get broken when the current candle closes putting us back on a lower high. Still viewing any rallies as chance to sell back into downtrend.

EJ - D closed negative. 4hr had a double top and is now approaching the W Pivot and 123.80 where we bounced up from on Fri. 1hr on lower high lower low and showing positive divergence at the lows. Bias down with the potential to bounce up from support.







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