Downside continue next week i recon. Close below 1.42 on Friday, the 1.4240 was fake push up. Not surprised if on Asia session we go back to 1.4150.
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Dislikedwell isn't the point that correlation change all the time ,but it is possible for extended periods only last year ,dose not EG uptrend skew things {quote}Ignored
DislikedMy levels I watch. Give or take around 30 pips from the lines. {image}Ignored
Disliked{quote} Because that's where support and resistance should come in to play. Just check 4 hour charts for failed hammers and inverted hammers how their top become significant support and resistance.Ignored
Disliked{quote} they seem to be drawn at the closes of the candle, not where the buying or selling ended.. if you get meIgnored
Disliked{quote} Expectation for EU. Same principle everywhere on the 4 hour charts. {image}Ignored
Dislikedabove 4240 GU will turn on bull mode big time, that's top end of the major volume cluster, once GU clears that it's a flawless ride to the next value area @ 4380. But you know my deal I guess already.if we crack above 4240 with full body H4 then it's all the way to 4520. And then bears can have their next leg south until 3960. Having said that if GU fails to keep ground above 4200 and will loose momentum below 4180 then we will very likely see 3960. Probability wise I'd say scenario 1 75% scenario 2 25%. Charts I posted a whole bunch previously....
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