Wednesday, March 4, 2015

London open 4 March '15

Same set ups that occur frequently.

5 minute charts - the eur pairs fail to follow through on their moves up. Prices fall from the top of their ranges with clean AB moves below the 20lwma's testing the lows of range, small BC retraces to form the lower highs. As confirmation there is agreement across pairs so we are confident that the eur was generally weak.

The GBP pairs follow some time later after London open.


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