Thursday, 1 March 2012

AUD CAD daily forecast!


1st sharing, hope we all learn together.

PBT & CB = Price break through and close below
BEOB = Bearish Outside Bar

Price currently break through previous pivot zone (support n resistance zone) 2 red line, and close below as a Big enough BEOB, let see whether it can break below or go back the pivot zone.
If break through and hit my pending entry point at 1.0585, then target 1.0500.