30 minute chart of EUR/NZD

30 minute chart of

EUR/NZD

Is it breakthrough the trend?

If not so

Enjoy it!

Unless what else we can do?

This game seems “very easy as a pie” if we respect its trend.

But the true is not.

It is not easy at all, especially in terms of “fear and greed” since it is 70% of mentality game rather than just technically issue of the trend.

We all are the slave of instinct and emotion. Perhaps it is a reason why we are superior to machines or perhaps, why we are not superior to machines in this game.

This is EURNZD of 30 minute chart.

It may be good for intraday traders.

Shall we see it

①     is 120ma which is supposed resisted line. if not, it is slightly lower than 240ma. It will not be a big issue considering the power of trend since we knew that the trend can’t be break out.

②     is symmetrical triangle which is supposed that some majors player have been battle and supposed that the winners are fellows of down trend(bearish phase)

Hence

Todays it is Saturday in Korean time July 12.2014 and is closed price (1.54365). As soon as opening the market, I wish you to take a position for downtrend.

 Until when?

 It is about to be seen by the double top of 60ma or break out the 120ma strongly           

Two day later of EUR/GBP

Two day later of

EUR/GBP

30 minute chart

This is last opportunity for a small uptrend inside of a big downtrend

Let us contrast with what I said “before and after” in both 30 minute chart and daily chart

Did I say that I will be reached at (0.797468)?

It is actually reached at what I said?

See the 30 minute chart and daily chart   

①    is highest price reached today 0.79699 but I expected with 0.797468. it is a big difference or more or less forgivable error?

②    is derailed the uptrend. It means that this uptrend wave inside of downtrend wave is fulfilled fully of its function  

Therefore

This information is no more useful for buying positon but only considering of selling position, as what I said in monthly chart.

However

Let us compare with daily chart  

Two day later of

EUR/GBP

Daily chart

①    is the Bollinger Bands of upper line, signal of “^”.

②    is The Yellow (20ma) line was predicted as resisted line 3days ago (refer to previous post)    

I have searched out this item the 3days for David Horton’s requisition.

He issued it as being preparing bullish phase.

But I said “not now but later”

Later is now!

Hence

I wish you to enjoy bearish phase again

And to remember that this is end of journey about EURGBP

Bon voyage 

Yours odyssey lee    

  

One day later of EUR/GBP 30minute chart

One day later of

EUR/GBP

30 minute chart

This is one day journey of EUR GBP

Not remembering how it is started, I wish you to look it back from monthly chart and daily chart and 30 minute chart again

It was ignited by Mr. David Horton

He said this will be prepared for being downtrend after bullish phase

I said it is true but the time is not now

So that I have ferret out this wave from macro view to micro view of Wave due to “Every tide has its ebb”

After reaching its peak of wave (0.797468) it will be return back to downtrend again

Shall we see the detail of chart “before and after”?  

①     is ideal entry point which I said yesterday

②     is the level which you must ensure the profit

③     is signifying Korean real time chart. (please always compare this time with my posting time on my Blog) wishing for it is real time relay or live show  

30 minute chart of EUR/GBP in real time

30 minute chart of EUR/GBP in real time

At the Previous Blog I posted about EUR/GBP in monthly chart and daily chart

And I said in big wave of monthly chart. It will be downtrend

And in relatively small size of daily chart wave it will be uptrend

Therefore

You can take advantage of uptrend of daily chart inside of downtrend (Please refer previous post)

You may require to me when it is best time of upper trend inside of Daily chart?   

It was Before 2 hours ago that was best timing to enter here

Let us see the 30 minute chart of EUR/GBP in real time