nmike
Long

EURO 30 min CLONING

FX:EURUSD   Euro Fx/U.S. Dollar
581 8 3
At the moment the FISHER is in the overbought area and diverging from price action.It is likely that the euro             will test the bottom of the green channel.If it holds that level the next target is the MAJOR resistance, if it can clear it the next target is the top of green channel.
Hey, I think you missed something, there's a divergence showing up in the end of the trend, look closely! That divergence announced that the EURUSD will start going down again and that's exactly what has happened :)
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nmike MOD Youssef-k
...read the comment,I did say that the FISHER was diverging from price action.The test at the green channel failed,and naturally it went the other way to the bottom of the red channel.
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S851 nmike
this was great chart and trading plan. if the support fail, then sell. helped me. thx
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.....since NO ONE has a crystal ball, make sure you keep track of trend lines, support / resistance and channel boundaries.
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>>>>>KEEP ADDING THOSE CLONES and PAINT THEM RED...
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