If it cross 1.1743 you can sell it around 1.1760 or above. If it didnt cross then it'll finish the day below 1.1710 maybe lower.
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DislikedBrief break of trend-line (Elliott) and she'll be on her way. No significant time-frame close below target, all aboard for the next run up... Build up to bear pitchfork channel failure... {image}Ignored
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Lower Trend line dipped and rejected, upper pitch fork has officially breached. NO News was even remotely considered during the making of this projection. =PDislikedEUR/USD: Upside Correction Due Before Market Resumes Downward *TREND : Bearish *MARKET STRUCTURE : Head & Shoulders formation *ELLIOTT WAVE : Sub-wave 4 of (3) is irregular. The market still showing bearish tendency.The H&S neckline breakout , the trading below the moving average, the Elliott wave count and the time studies all supports the bearish trend, BUT the last hesitated small downside swings with price/oscillators divergence indicates that the market is due for an upside correction toward1.1830-50 to complete the mini-wave c of the irregular...Ignored
DislikedWithout a close above 1.1740 bulls will lose the strength for today :/ It bounced from the H4 upper trendline and now (@1.1732) I would short it on lower TFs from 1.1736Ignored
Disliked{quote} Careful with that,,,looks good on the surface ,,,,,,but the lows have been right to a 15 min 200 ma,,,,,,,stuck between that and the 30 min 200,,,,,,,weekly pivot and the quarterly pivot all in this area ,,,,,,above weekly open by a few pips it is above all the pivots,,,,,,,a move out of here is coming ,,,,,,,,I am favoring the upside more than down myself,,,,,,, time will tell {image}Ignored
DislikedBought a few at 1725, will buy more if it drops to 1715 ish,,,,,,,, hard stp well below price action atm ,,,,,,,looking for a poke to quarterly open 1810 ish ,,,,,,,mental stop ,1690ish ,,see if it can pull it off by london close ,, stp will be moved to even if it puts in new high for the day cheers all. {image} Edit had several from 1725 and 1720,,, profit taken on some on that pop,,,,,,stps a little in the money on the rest will what happens ,,,,,looking 1810 ish 1st then 1880 ish ,,,thats the plan anyway,,,,,,,,,data dependent lolIgnored
DislikedOne thing you will notice on daily chart is that we had 2 bullish candles followed by a drop 3 times in a row.. and right now if daily closes bullish today we will have again 2 bullish candles formed.. what are the odds that we will see a 4th drop after today? I think very low.. therefore my temporary bias for Tuesday is bullish.. I will try to buy more than I sell on Tuesday.. I am planning to buy every dip towards 1.1715-1.1730 area.. of course always after confirmation.. Stay GreenIgnored
Disliked{quote} The first high for today happened at 1.1747 and it took 15hrs to pass this and moved up to 1.1754 i.e another 7 pips. The drag on the bullish side still very strong. Market moved from 1.166 to 1.1750. Beside no news and as well as tomorrow, the downside risks for the euro bulls still there. The crucial point in 1.1743 and it was beaten very very late. Market spent significant amount of time in the area of 1.173 - 1.183 more precisely 1.18-1.173. To lead the bulls it require strong data or analyst. Market gradually stepping away from these...Ignored