EURUSD

JY 5' ---My situation here. Not bad.... Entered a SL at BE .

13:00 UTC German Prelim CPI

SL about to be hit , I am afraid..........

Shorts are about to be stoped at SL ... I am afraid............

Longed again here , as shown.............................

Unconfirmed...

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Unfortunate trade...........Still long and added now as shown...

JY 5' --- Will add at 149 .09 IF SEEN...............

Key support for bulls is currently 1.05275 also this is my flip point level. As long as this level is defended, I am with bulls.
On h1 chart we have a structure of higher lows.

JY 5' --- Added long here, NOW , as shown.......................

BP. H. --- Min. requirements for a TOP have been met for me. While E. cannot make a similar new top...

A divergence that talks......

E. and BP 5' --- I am short the BP. Have no position in E.

My target for today is 1.0600 2,6bn

Bad data from Germany and the price is not dropping, it says it all, up

JY - E. -BP - 5' ---

JY looks like it has bottomed out......... and BP toped with a magnificent overthrow...............

Exited all my positions at loss . Flat in all curr.

We must respect market force and recognize our mistakes right away.

Have a nice weekend all , crew.

The EURUSD price action on the daily time frame went sideways after a bullish retracement of the bearish dive to the 1.04050 horizontal support area. Presently, price action is retesting the 32.8 fib retracement area of the bearish swing traceable to May 2021. Although the dominant technical structure is bearish, we may still see further northward market engineering to an intra-day area of value.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

Current h4 bounce from middle bollinger band pushing price in bearish zone

Short here with a pending toadd...........................

Long , as shown.............. SL @ 1.04 70