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29 June 2007

Two nice new setups

Two nice new setups


AUDCHF


After the strong rally previous sessions we have two Bearish Divergent bars formed and Bullish Fractals at 1.0520 level were not taken.
Divergent bars are supported by long up move 8 green bars in Momentum and acceleration slowing.
Previous session has been traded in small range so there is an opportunity for a short entry with small risk.

EURAUD


Here we have a Bullish Divergent bar setup.

Bearish fractals at 1.5780 level have not been taken, but Bullish Divergent Bars were formed.
Again support in Momentum - 8 red bars and slowing acceleration.
Again small range and an opportunity for long entry with small risk.

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