Dislikedlets see where she closes today i have an idea we are forming a bullish pennant on weekly so it needs to go toward 1.6270..lets seeIgnored
Come with me if you want to live....
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Dislikedlets see where she closes today i have an idea we are forming a bullish pennant on weekly so it needs to go toward 1.6270..lets seeIgnored
DislikedSorry, but whenever I try to post a chart it never works out.
We have had 5 consecutive down days. On April 30 it ( for now anyways ) it peaked just above 1.63. Then for the next 5 days it fell to Fridays low of around 1.6150 or so.
Today we had a nice move upward.
A 5 day downward trend and today's (yesterdays) close was above Fridays open. This signal on the Daily has held up in the past. There is more to it than that.
I need to post my chart.
I just see a retest of 1.63 before any meaningful downward movement happens,...Ignored
DislikedI am short on this pair right now and did feel pretty good about my setup until I took a look at the daily chart. Judging by that time frame alone I wish I could take it back.
One might ask, " Then get out and take your loss if you feel that way, you are not down very much at the time being."
The veterans on here can help me on this one. At the present time I still do not see much upside potential on this pair at least in the near or intermediate term.
Only time will tell.Ignored
Dislikedlets see where she closes today i have an idea we are forming a bullish pennant on weekly so it needs to go toward 1.6270..lets seeIgnored
DislikedLooks like we might be ranging between 63 and 60/6050 this week. I have a really interesting template I'll post after work. See what happens.Ignored
DislikedI'm actually looking forward to a possible touch at and close above 60/650. This MAY present me with a great buy opportunity, but will not know until we get there.Ignored
DislikedI'm long now , SL at 1650 , USDX daily candle is supporting for bullish , let's see how it go todayIgnored