Here is another update on the situation with the EUR
Circular Trend-Waves 414 replies
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DislikedWe are still in the danger zone of being maxed out as far as the up movement is concerned. Beyond 4210-4216 we are in a serious bullish scenario, other than that if 4157 is reached then we are dropping lower to 4060.
Will post charts after the openning of the Asian sessionIgnored
DislikedIn my opinion, from Sunday night till yesterday has been one big shakeout on a huge scale, more directly, a weekly scale. VSA and volume have shown that professional interest in shorts was gone, and you could see the buying on the way down. Cant wait to see this weekly candle. I have been saying all along that this pair has been failing on a monthly scale. See Chart #1. That grey area on chart #2 is around the 4400 area which we talked about yesterday. I was belittled by a trader in this room the other day and I didnt appreciate it, but everyone...Ignored
DislikedTwo thumbs up for you my friend
I wasnt expecting such a surge to 4280. It looks like my circle analysis is missing a key important factor and that is how to tell false breaks. I have been working on that for a while, and will have to work harder to find a better way to catch them.Ignored
DislikedTwo thumbs up for you my friend
I wasnt expecting such a surge to 4280. It looks like my circle analysis is missing a key important factor and that is how to tell false breaks. I have been working on that for a while, and will have to work harder to find a better way to catch them.Ignored
DislikedI dont think she will go down much more. I am getting 4 hr signals onVSA that Selling interest is waning. See below. Also, pair came back to exactly 38 % fib level of the Daily move up, bottom chart.Ignored