Looking totally bearish if 1.302x is broken again....
DislikedLooking totally bearish if 1.302x is broken again....
DislikedDefinition of H&S:
Look for the first criteria : Prior TREND
There is no prior trend for the EU to make it as a valid H&S.
Juz my small opinion,
DislikedLooks like support is strong and tide is turningIgnored
DislikedGot a nice system here. Been reading since morning around the 100th page mark. I like PA and wave analysis and indicators may be to just confirm trade is nice. The EMA does seem powerful. Sonic that's a nice find and thanks for sharing.
Hope to do some demo trades tomorrow. I am planning to trade the first 3 hours of london session? I realy don't have a choice here because of my daytime job. Is it the time everyone's trade here? Is the chatroom active?
Not to sound bad but i haven't seen any wrong trades posted (except eternal but he didn't...Ignored
Dislikedjus open a trade...when things met...and the rest is let Mr Mkt decide...
I hav curious Long...and SL @ BE now....
DislikedWell...Mr Market has spoken....
I am on free ride...
DislikedEU M15 Chart: After this incredible PUMP on a HALF VOLUME day, what will be next?
EU Daily Chart: To me, this still looks bearish, even more so with this half volume pump up to resistance.Ignored
DislikedYou made a fantastically good entry, Sonic!
Another matter....your shown pivots are very confusing, being so different between your two charts....first you have R1 at 1.3274, then you show R3 at 1.3257....??????Ignored
DislikedEdit: The M15 chart is sporting a gunuine H & S (for real this time) and a Bollinger band squeeze. Unless I miss my guess, the true PA break out of this squeeze will be downwards. I am going to be monitoring this one. The pattern is not tall enough on this M15 chart to give much of a run, but enough maybe to start us off in a new trend down.
Edit: Add third chart (M15) showing PA downward break out of BB pinch, and the general movement on high relative volume (see blue rectangle in volume window).Ignored
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