March 28, 2014

  • Price testing crucial support levels of daily time frame.
  • Bigger weakness for EURUSD if price starts to trade below 100 Day SMA and the cloud.
  • Bullish candle here may give a bounce for EURUSD Bulls.

  • Daily chart is testing its 50 Day SMA after a Dark cloud cover pattern in daily time frame
  • Weakness in daily chart is yet to affect the weekly time frame.


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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore