If EU can touch the Daily r3 pivot and hold it, you can bet that many people will be selling at that level. It would be the perfect setup to "hunt" those sellers.
Think backwards.
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Dislikedusdjpy may have bottomed out at 119.5. This last push and rejection suggests the games maybe overIgnored
Disliked{quote} Hey Tyrant, you think 1.08400 could be also a good opportunity to short EU?Ignored
Disliked{quote} Yes I understand, that is why I leave ?? in my post. To me, Cable seems ripe to trend again after finding firm resistance at 7190 after 6 long years. I think it can reach 1.43 (bottom end of current range). My EG analysis is very bearish, so that makes me bearish on Euro also. I avoid making certainties in my statements, only suggestions. Seems responsible and prudent to me.Ignored
Disliked{quote} short squeeze before the ECB macro data from the US are worse than expected but no better than the previousIgnored
Disliked{quote} Yes I understand, that is why I leave ?? in my post. To me, Cable seems ripe to trend again after finding firm resistance at 7190 after 6 long years. I think it can reach 1.43 (bottom end of current range). My EG analysis is very bearish, so that makes me bearish on Euro also. I avoid making certainties in my posts, only suggestions. Seems responsible and prudent to me.Ignored
Dislikedeur gbp my analysis is bullish ,as per last month candle could take time {quote}Ignored
Disliked{quote} Agree with you on possible trend reversal on GU and I'm looking for 1.43ish.... I'm super bullish on EG long term now. which is why I prefer shorting GBP until we get down to that level.Ignored
Disliked{quote} Well 1500 usd drawdown on a 88k usd account hmmmm im not bothered lolIgnored
Dislikedeur gbp my analysis is bullish ,as per last month candle could take time {quote}Ignored
Dislikedlol ,hey I know that piercing line failed ,but still its best not to think it will fail most the time monthly powerful ,beside all candles need to break to be true just aware is good , {quote}Ignored
Disliked{quote} Personally, I think last months reversal signal will fail, but only time will tell {image}Ignored