DislikedWhere do you get .5713 from ? Am I missing something ? As we speak, price is lurking above .5730. which is my currently support.
Well, I don't use any specific indicators for measuring if a chart is bull or bear, but looking at a plain 4h chart it doesn't look too bearish, IMO.
A close below 4h TL would prepare me for a break to the downside on daily ascending triangle, which could provide more downside.Ignored
I am looking at the same as you. I have been taking this week off to see if the eur$ does anything. But what its doing now isn't very predictable in mid term like I trade. It has a very bullish look to it, as if its gearing up for a break out to the top side and a 500 pip run. But I kind of doubt that. So I really have no idea what the eur$ has in store. The break of the top and fast withdrawl is not bullish as it couldn't sustain.