So far it looks like the bearish scenario. Similar to one on picture.

If they want to push it up, they dont need to care about wiping last top, it will help later on. But if they want to continue bear trend, the wipe is welcomed.

Good zone to start buying longterm.

There is 70-80% chance, that 1.10500 is weekly high, according to my calculations. Calculated similar occurencies 2 years backwards. There is 20% chance it will get to around 1.140 - 1.190 and about 10% chance it will get to 1.1240 - 1.1270. This is ...

A day or two ago, you entered long trade with target that could be reached in a week/s or so, now you entered short entry that could also take quite some time, i understand this if a person trades intraday, or scalp trades, but these are swing ...

Its interesting how you changed your opinion on longterm trades, why is that if i may ask ?

If this is a flag, now this is how it should look like.. its just a projection, nothing real yet.

There are buyers caught on 1.0940 - 1.0958. These levels will act as high resistance on next bull move as they try to exit their positions without or with a little of profit.

The question is.... is it going to go back down again and leave there the buyers that catch this ? 1.09650 is most crutial now

This is something connected to the pandeminc, more than the office itself. The goverment got to make choices like give money to people in need, that cant make living due to the pandemic restrictions (doesnt matter if they owned businnes or just ...

Thanks for your explanation, when you say it like that it makes sense, but in fact, i dont follow fundamentals, PA speaks for fundamentals too, and they are very often priced in, big guys often use them to go against and then turn around like crazy. ...

I dont trust this movement, its just weird all the way since 1.1400

Sorry to hear that mate.

EU just wiped most of bull retail traders in the past 3 hours.

Ok, this was first thing i considered too, but check out other safe haven currencies, for example JPY, it is usually in higher demand safe haven currency, but it doesnt behave that way, also other USD pair doesnt do the same too. I am starting to ...

By this, do you mean that ppl buying USD for safe haven or did you mean something else ?

I find EU behavior for the past week really weird... It seems to not wanting to give up to bears but on the same time its slowly adding on velocity downwards... Not something we can usually see within this pair.

2 years of profitable trading can still mean u got a lucky, trading is not easy and it really matters in the end, on how much experience one has. You can still be over gifted to see patterns and put them together with fundamentals. But being you, i ...

Me 2, but staying sidelines now for rest of the week. Now high possibility its gonna go up and down sideway direction +-50 pips..

Be glad u made some, leave some pips to others