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- SirMcPip replied Jul 13, 2023
Once 1,1480 is touched, we could be looking at a few weeks of consolidation between 1,1500 and 1,11-1.12 before continuation. 1,1480 was a pretty hot stove back in January, February 2022. I expect a similar preliminary reaction there. After 2 or 3 ...
- SirMcPip replied Apr 13, 2023
In short term preview, the market in my view is eyeing this zone on the daily chart. It wwill likely stall arond 1,1150-80 this first round before a correction. The expected correction should be good for a minor short term swing trade to at least ...
- SirMcPip replied Apr 22, 2022
This is where i think the temporary bottom might be. If the good lord is willing I will be looking to buy around 1.0680. I dont think the market will be able to take out the 1.0610-30 zone (red arrow) this first round.
- SirMcPip replied Mar 14, 2022
Sure...even 1,0580 is possible.. The question is, if these levels will be hit this round. I dont know to be honest but i am leaning towards that they wont be before a sizable correction north. We are approaching a major level on the monthly chart, 3 ...
- SirMcPip replied Mar 4, 2022
In my view we are now at a potential first buy zone...1,0980-60 with the next buy zone sitting at 1,0880-60. If anyone is hellbent on buying, this is what i would consider the best buy areas... i personally will gladly skip it because there really ...
- SirMcPip replied Jan 28, 2022
Second target at 1.1130 has just been reached. Normal Monthly Range Limit for January is 1.1129 ...3 weekly supports already breached, 3rd monthly support is at 1.1099. If this 1.1100-1.1130 area dont provide some serious support after having hit ...
- SirMcPip replied Jan 18, 2022
The latest price action looks like a repetition of things.
- SirMcPip replied Jan 7, 2022
Looking at the 4 hour chart, the market has failed to take out the 11-15-2021 High by roughly 2 pips on 12-31-2021. This will be taken out as sure as night is dark and day is light. On the Daily, 1.1450-60 is a treat to the dealers as this is the ...
- SirMcPip replied Dec 16, 2021
Zooming out, i have no reason to believe at this point that we will revisit the 1550s as i think that this consolidation zone will be a catalyst for further downside. But its always good to keep it in the back of the mind. When we were up there, ...
- SirMcPip replied Dec 16, 2021
Short term chart. Currently Stuck in the middle of the range, chart is self explanatory. Both levels WILL be hit. In my books, the perfect time to stay out. Personally, i am looking to short higher with the long term trend. Lots of downside to ...
- SirMcPip replied Dec 14, 2021
For the short term and looking at the price action of the last few days, it is my opinion that the market will take out this candle top very soon.
- SirMcPip replied Nov 28, 2021
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- SirMcPip replied Nov 17, 2021
This is likely the max, in case it should ever get there. There are some very serious fundamentals at play...in my view...and this has nothing to do with some "Covid breakthough" or these monthly FX Hollywood meetings.
- SirMcPip replied Nov 11, 2021
The market has been slowly grinding down over the past 5 months with corrections never being able to exceed the previous highs. Some large candles south are on the horizon. To emphasize, this is the weekly chart.
- SirMcPip replied Nov 10, 2021
The writing was on the wall yesterday. 1.1610/20 meets a plethora of sellers. This area gets more and more difficult to crack.
- SirMcPip replied Oct 29, 2021
Feels like they dont want to leave that meal on the table...for today.
- SirMcPip replied Oct 26, 2021
This is where the suckin' sound comes from.