Monday, 12 September 2011

EURCAD analysis

EURCAD showing signs of reversal, with M15 Quasimodo in the context of a daily bat.

Concern would be that the m15 QM has not broken the longer term down trend line or major swing high, and may only mark a short term bottom. 







The daily bullish bat must also be viewd in context of the larger bearish daily structure.