Trading Entry and Exit Analysis
THE BRITISH POUND
Comment
Multi
day lows should be near completion. It allow us counted the downside
movement as 5 waves pattern. All momentum already reached its oversold
zone coincidence with end of wave 5 target. Buying opportunity ahead.
System
ASTRONACCITM Trading System by Stocksforliving Indonesia,Ltd
Momentum
All oversold.
Pattern
End of Wave 5 in progress.
Price
Expected EOW 5 target at 1.5690-1.5695.
Time
GMT 1300 for the end of wave 5 – Feb 5,2010.
Trading Advises
Go long at that area with 50 pips Stop loss and 250 Take profit target.
Analyst Certification:
The
views expressed in this research report accurately reflect the
analyst’s personal views about any and all of the subject securities or
issuers; and no part of the research analyst’s compensation was, is,
or, will be, directly, indirectlyrelated to the specific
recommendations or views expressed in the report.
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