GU showing a tendency to move lower. Believe GU will make a big move once support broken (red line). Potential Head & Shoulder pattern to occur.
Trade Idea : Trade with cautious. Enter with SL.
Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradeable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher probability.
Thursday, 5 May 2011
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