Wednesday, November 18, 2009

GBP/USD at 17 Nov Asia Session

Hanging man is around and divergences still in control.

Yesterday Daily Candlestick: Hanging Man
Divergence: Yes at Daily Chart
Today Pivot: Lower Pivot line suggesting that this pair is bearish.
EMA 75 at 1 hour: Bull
Breakout at 1 hour: No

GBP/USD still in bullish momentum, but the appearent of hanging man & divergence in daily chart chart suggested that this pair might have some correction.

DDFX Forex System in 1 hour chart:
Fast Trend: Bearish
Medium Trend: Bearish
Major Trend: Bullish
Market Sentiment: Bullish

Order Your DDFX Forex System Today at Discounted Price, the price will be up in Jan 2010.

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