USDZAR(4H)
27/2/2012 uptrend_line.
Potential Elliot Wave 5 and ABC correction. 50% retracement.
50-200 sma Squeeze. Triangle failed brake_out.
Interesting Symmetric Mirroring Consolidation Square range(9 and 9 days apart).
Time may run out.
RSI, MACD bearish , rolled Over.
Rounding Top potential.
potential reversion to 2012 uptrend_line.
Target_1 : 10.96144
Target_2 : 10.86943
Target_3 : 10.800
27/2/2012 uptrend_line.
Potential Elliot Wave 5 and ABC correction. 50% retracement.
50-200 sma Squeeze. Triangle failed brake_out.
Interesting Symmetric Mirroring Consolidation Square range(9 and 9 days apart).
Time may run out.
RSI, MACD bearish , rolled Over.
Rounding Top potential.
potential reversion to 2012 uptrend_line.
Target_1 : 10.96144
Target_2 : 10.86943
Target_3 : 10.800