Hey new member/FF lurker, first off thanks to Ata for making this new much improved Eur/Usd thread, decided to become a member because of it, and thank you to those who help and share there own views.
Wanted to share my view for this week and get some feed back.
So currently I am seeing a lack of downward momentum in the pair and see it it either retesting the first zone higher than the previous tests (was short from those and got out in the green) and then going down, or having a fresh test of the second around 1.173. I see it making more upward moves till later in the week, Wednesday at the earliest, and continuing from that spot down, continuing the higher time frame bearishness.
I have some smaller upward channels on the lower time frames that just touched the lower end and is now moving back up while I am typing. so feel like thats a good sign, that the 1.165 decided to hold for now. we'll see
Thanks for reading and any feedback, Good luck to all.
Wanted to share my view for this week and get some feed back.
So currently I am seeing a lack of downward momentum in the pair and see it it either retesting the first zone higher than the previous tests (was short from those and got out in the green) and then going down, or having a fresh test of the second around 1.173. I see it making more upward moves till later in the week, Wednesday at the earliest, and continuing from that spot down, continuing the higher time frame bearishness.
I have some smaller upward channels on the lower time frames that just touched the lower end and is now moving back up while I am typing. so feel like thats a good sign, that the 1.165 decided to hold for now. we'll see
Thanks for reading and any feedback, Good luck to all.
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