Hello, I just marked 1.1054 as today's resistance, and 1.1042 as the pivot. Overall, I'm anticipating for the bears, at the pivot. 1H, and 5M charts;
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Disliked{quote} Major taking profit point hit, not ruling out next extension at 1.1075 and possibly a few more pips. {image}Ignored
Disliked{quote} Same, additionally 1.1066 could offer temporary resistance. Trade safe.Ignored
DislikedEU is not moving much because there is no volume yet in the market after Christmas, it will be slow, but it will move some pips at least! Support is at 1.0994/1.1000 and resistance at 1.1040 anything above or below should fade back in the range again. Daily volatility (range) - 49 pips 1 hour {image}Happy new week ahead!Ignored
Disliked{quote} Same, additionally 1.1066 could offer temporary resistance. Trade safe.Ignored
DislikedWe are entering D1 and W1 resistance, so even 1.1090 would be ok. Minimum retracement level from here: 1.0945.Ignored
Disliked{quote} Hi Pedro! can you please explain why 1.0945 and what minimum ret level is based on? i checked and no fib, daily open/close or pvot point is thereIgnored
Disliked{quote} We will likely get extended retracement after touching 1.1040 or 1.1075, reversal swing usually does that.Ignored
DislikedWelp. Opinion passed by the market. Don't get much louder then that! Sentiment shows 91% short 9% long...... So manipulation is strong with this one. Glad for those holding longs! Maybe done for the day. Only .5% down. Will look for another opportunity but when I call it that badly I usually sideline myself. Good luck all! {image}Ignored