Here was the EURAUD setup, H4 zone and good confluence. Spotted this on a passive scan. It might turn out better than I initially expected.
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Disliked{quote} I was just thinking that. Kind of died a bit of a death, but perhaps it's just a retracement. Would be surprised if EU doesn't get to 1.21 by close of play or tomorrow. EG counter RN looks good atm, possible longs on 0.91. {image}Ignored
DislikedThe structure of EU drop from the top is very similar to the structure of GU drop from the top back in September. This is a smaller scale (H1 vs H4), but it can give us some clues what to expect next. {image} {image}Ignored
Disliked{quote} Oh that was a beauty and has been building for weeks. I was wondering when it would finally crack. Here was the EURAUD setup, H4 zone and good confluence. Spotted this on a passive scan. It might turn out better than I initially expected. {image}Ignored
DislikedThe structure of EU drop from the top is very similar to the structure of GU drop from the top back in September. This is a smaller scale (H1 vs H4), but it can give us some clues what to expect next. {image} {image}Ignored
Disliked{quote} better wait for the SW zone on 50% small SL if bulls want to close the gap. finally i see the 1.3 area.. im waiting for this since the elections {image}Ignored
Disliked{quote} Did you take EURAUD 1.60? I feel like we leave so many pips uncollected, haha. Possible short setups on EURAUD coming up. {image}Ignored
Disliked@C12, i saw you asked @shahab8b's opinion about fib extension few days ago. just sharing this beauty, GOLD reaction 1.27 extension (amazing ratio number after price testing 50%/61.8% fib retracement) dropping more then 50 points in 4 hours.. (500 pips) not sure gold is full yet, if it get new high above 1907, 1931 will be will be nice spot to tp so 50% retrace on the point, 1.27% almost on the point. {image}Ignored
Disliked{quote} better wait for the SW zone on 50% small SL if bulls want to close the gap. finally i see the 1.3 area.. im waiting for this since the elections {image}Ignored