Happy Fathers Day!! Your Guys ;
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Disliked{quote} stops above 1266, I think is all u need. week pa is floating support around 1236/37.. below it, should be bearish on close today. and it would become R. But with 1231 there, st may bring 1259 again. closing below 1236 after and better 1231 today. Looks to set a path to 1155/0x.. its looking bearish, not sure if st can manage 1259 once more.Ignored
Disliked{quote} not only did pa close below 1236 week.. it's also below 1217 day.. this has a bearish outlook.. 1236 Is a R now. overshoot 1253 ish.. month between 1273/1155. larger Range 136x/110x.. sube range 1236/110x.Ignored
Disliked{quote} My guess is that we will not move much outside this weeks candle. 1.1186 ish at the lowest. No power in that weekly candle, to be honest. Looking at it today i would not be surprised if we see 1.1320/30 again this week. The COT report didnt give much away, only 1K less shorts. They bought at the end of last week and sold again in the beginning of this week is my take on it. That will make them buyers at these levels. Friday we know what we dont know now!Ignored
Disliked{quote} My guess is that we will not move much outside this weeks candle. 1.1186 ish at the lowest. No power in that weekly candle, to be honest. Looking at it today i would not be surprised if we see 1.1320/30 again this week. The COT report didnt give much away, only 1K less shorts. They bought at the end of last week and sold again in the beginning of this week is my take on it. That will make them buyers at these levels. Friday we know what we dont know now!Ignored
Disliked{quote} it took a lot of bear power to close below 1236 and 1217 in one sweep. A total rejection of bull week and day bulls. Options got screwed 2 days in a row. The week closed below the quarter 1231 and 1209.. 1155 and probably 11xx near lows area looks to be tested.Ignored
Disliked{quote} There's no doubt that bears was in control friday. Bulls gave up after 1250 was taken, i know as i got my fingers burnt trying play both sides. The touch on the 1200 level june 6 sent it flying so thats why i believe that more smart money are located at the level it ended at friday.The level came into play after may 24/27 top. And it being friday does not make it easier as i think we had a thin market. With all that in mind, i still believe that we ended to low. I did get a pending long activated of the 61,8 level of the daily leg at 1204,5....Ignored
Disliked{quote} week's close looks like a bearish harami, into 1155 support area (-+ 35 ish pis). even a new low may struggle past 1096 .. 35 ish pips either side.. if it made a new low, 1065/98 ish may bounce it back to 1255ish for testing. {image}Ignored
Disliked{quote} that's that first R line on the week level is about 1230/35 irt. The Q is there at 1231.. By the time it opens, it's usually is closer where it closed.Ignored
Disliked{quote} I'm not challenging your view. Any other day of the week i would have been pure bearish for monday. But I'm cautious as i think there is a big chance bulls are lurking here as we are back at the breakout level. On your chart you correctly have that 1155/60 area but those candles giving you that area also have an area on the upside at 1200/10 which is also a older weekly support area and the breakout level. The only reason i would not think fridays lows will hold for long is the fact that even 1231 support got smashed without much effort...Ignored
Disliked...Happy Father's Day Gator and all fathers here, have a wonderful weekend you all...! ...Boulder you have a great day also even though you are not a father, may your day be wonderful with your love ones, also...!Ignored