Disliked{quote} #677 Hi Davit! I have notice your perfect analysis!..& it seems that the monthly "shooting star" from march will deliver a powerful argument more for going short. Harmonic patterns at daily charts are reliable...no doubt! to know s.th. by intuition? Weekly & monthly upward trends could be strong enough for running down every daily indicator signals (Short) which are taking place not often per year. I think we could see the 1.45 this year during summertime or autumn. If EURUSD would really go downside I could counterbalance with EURJPY Short...Ignored
Your tech analyses is fine but Draghi clearly stated "any further gain on Euro will provoke "unconventional actions"
I interpret this being 1.40 where time for action is imminent.
With Euro Elections in May I just can't see Euro even at 1.40 but I could be wrong as well.
Regards
In trading, you have to be defensive and aggressive at the same time