Friday, June 5, 2009

GBP/USD @ 12.45 pm (Malaysia)

Salam and hi..... Trading Range is between 1.5800 to 1.6450.

SELL Area : 1.6189 (First Target : 1.6082 Next : 1.5984) If fail CS may bounce back to 1.6200 area.

BUY Area : 1.6229 (First Target : 1.6340 Next : 1.6432)

Looks like new 2009 top already performed at 1.6661 and the CS lost it gas have to test the support area and more deeper drop will be at 1.6000 to 1.5800 area. But as long as 1.5800 area hold CS may bouncing back to test again 1.6700 area.

Please be alert on:

1. All continuitions pattern

2. Reversal signal

3. Candlestick it self

4. Support and Resistance

5. M30, M5 and H1 chart.

6. Reffer every 4 hours on H4 chart.

Until then good luck to all of you.

Allah Hu.

Supply And Demand On TD: Join Me at Super Forex

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