If breaks, next level is 1.3365 and below that next demand area is 1.324x
Has the Irish PM said anything again? we just bounced at yesterday's low
Has the Irish PM said anything again? we just bounced at yesterday's low
DislikedIf breaks, next level is 1.3365 and below that next demand area is 1.324x
Has the Irish PM said anything again? we just bounced at yesterday's lowIgnored
DislikedIf breaks, next level is 1.3365 and below that next demand area is 1.324x
Has the Irish PM said anything again? we just bounced at yesterday's lowIgnored
DislikedCalled the drop yesterday
http://www.forexfactory.com/showthre...67#post5426867
Also USDX will react shortly and go upwards:
http://www.forexfactory.com/showthre...11#post5427111Ignored
DislikedWell done
I didn't take the move, but will be waiting to reload lowerIgnored
DislikedThanks
still learning,
But there is one thing that its important to pay attention to in such situations and that is a phenomenon called "5th Wave Failure", where the last wave fails to clear the top of wave 3.
Thats why a lot of traders including myself hate to trade the 5th wave.
If you look yesterday the high of 3485 did not clear the high of 3386 set on February 24th.
Its still 1 pip, but doesnt matter.
When the 5th wave does not reach to the top of wave 3 or it does not clear it, then a rebound in the opposite direction CAN...Ignored
DislikedJust got home.
I see the price has touched 3345. We need to see daily which will be also monthly close.
3385 > above is needed for bulls, below are bears.
Dont take this movement SO seriously as this is monthly profit taking move.Ignored
DislikedJust got home.
I see the price has touched 3345. We need to see daily which will be also monthly close.
3385 > above is needed for bulls, below are bears.
Dont take this movement SO seriously as this is monthly profit taking move.Ignored
DislikedIgnored
DislikedThat's right
Nice rejection of the 1.3365 level atm
I'm Long 1.336 monitoring closelyIgnored
DislikedI think it can be done even on smaller TFs. 5970 is the level for shorts and its ok to short it.Ignored