Disliked{quote} Good chart and trade as always. I guess you wanted to say a 4hr close above 1.1350? I got out of all my shorts yesterday with little profit, even though I still believe this is a short by all standards. My reason for getting out is that Oanda shows a lot of buy orders at 1.1375 which I think if price will finally head down today those buy orders will be triggered and used as liquidity for the fall, which in turn corresponds to your 1.1370 area forecast. Have a great day and blue pips to you.Ignored
seems reasonable to me, but aren't those buy orders just a drop in a ocean considering the whole eurusd market? maybe it's only Oanda and not all the retail brokers. But I think big players need a more valid reason to get to 1.1375
If we were at 1.1360 it could be easier a 15pips move, but we are still too far for a hunting move
Moreover it seems 1.1360 a strong resistance, it should mark a new high for the past 10 days