Monday, January 28, 2008

A new week is started

Hello everybody!
The new trading week is started, and here is the first trade plan for this week. I expect that it will go today in the correction of the up movement that we had. I had marked the supports.
Take a look at the picture
Do you see the horizontal blue line near the red one at the level 1.9673? If this level will be broken we will exclude the variant of the further going in the wave 5. The another supports if this level will be broken are 1.9644; 1.9586; 1.9501.
The resistances for the 5th wave are 1.9952; 2.0141; 2.0256
Feel free to ask questions if something it is not clear.
So I wish you Good Luck
and Best Regards!
Tacomy

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