Tuesday, January 4, 2011

CADCHF Daily market thought with trade idea

Potential bottom daily chart with bullish divergence last low.
Close daily above green ema today, stochastic reversal expect new upswing target 0.9665 possible extension to ema200 sitting 0.9840.
Trade idea longs around 0.9480 or lower stop below today lows (-100pips) target 50% 0.9665 the other half 0.9840.
Add this cross to thoughts intraday = spreadsheet.
Click to zoom in. Good luck folks.

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