Alright , It's a Dark knight Weekend ..
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Dislikedclear all position manually ( usdx heading resistance ).
happy weekend and happy ramadhan for mouslem brother
rgds,iqyuIgnored
Dislikedshould I keep it longer ?
1.5280 is my target....but I locked the profit @ 1.5660Ignored
Dislikedso glad I did not close
during the weekend I'll try to post some charts to see where GU might head next....if I have time as I might go skydiving or hangliding ....cannot make up my mind thoughIgnored
Dislikedi am sure!
100% sure.
first time i finish a week and i'm sure of what will happen next weeK:
price will go to somewhere, then reverse to the other side, till another line, and then go again near the other one.
hahahaha
jokes a part, enjoy the weekend guys!
byebyeIgnored
Dislikedvery funny, i for one have appreciated your input all week, many thanksIgnored
Dislikedso the question:
is it better being stubborn like i did in this particular case (price near lowest levels) and only look for trades in one direction? or is it better always consider both sides?
and as consequence... lol... the following question... what makes the difference between a bottom/top in price, and a demand/supply "erosion"?
i mean: why at certain levels there are orders ready and price never look back that line for at least 200 pips? what makes the difference between previous bottom in 95.50 and actual move today when price went straight...Ignored
Disliked
But we have to be carefull at H4 TF of EU, Giant bullish butterfly pattern is forming and the price is still at valid PRZ. It mean, EU can be bounced from there and flyng high. Check the h4 candle, EU forming doji and reversal candle.
.Ignored
DislikedDaily candle show us that overall USD get the momentum to break the resistance ( but still failed to break it at the moment ) and pointing to monthly bull target at 84-85 level .Bearish divergence could be seen already but on early stage. Meanwhile weekly candle closed above weekly opening line already with bearish divergence indication also in early stage.
Need time to confirm that we will have clear higher high and lower high in oscillation data and clear fractal sign first before decision to sell dollar. In other side, if the resistance broken, there is further opportunity to buy dollar but in short period coz we're in tight range heading bull monthly target for usdx ( once we have profit, take it as soon as possible or use SL at break even to anticipate trend reversal ).
Not a call...and always trust your own chart.
Have a great weekend with your family and Happy Ramadhan for Mouslem brother and sister.
Regards,IqyuIgnored
DislikedMy chart is based on H4 - 30 miutes before market close, i don't know my broker closed earlier and i hate that, look at my chart at green circle. it already at the bottom of yellow trend line, and forming riversal candle, but yours show newer movement indicating that the reversal is failed. I agree that it is still possible to get more lower bottom and butterfly can be transforming to be a bat formation. So where is the real bottom still not confirm yet. Yellow box of PRZ still give a space to go lower again.
It already under the kumo aniway...Ignored
Dislikedeurusd made a free fall but gbpusd still holding 1.5600 area, pound is really strong against us dollar dunno why but if eu drops like this pound should have falled more according to me...Ignored