kind think bulls will hold 1.09 with option exp...now wonder after option settlement done... in case 1.09 fails through.. next will go 0880s level...
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DislikedEU...here is the down channel on the week chart. I also show it as a bullish looking wedge. It has potential to bounce, or just stay where it is. I zoomed in on the day. The day shows the bottom at at 1.0906 ish.. So it could just remain here and linger bouncing off that bottom. As time goes on w/o a decent bounce, it could drift South. A bounce probably has the best R/R, since you can see it.. Pa is here now. The drawback is, its against trend. But you just adjust your trade size to the risk of the bottom not holding. A smaller trade off the bottom...Ignored
Disliked{quote} the same chart zoomed on the day shows 1.0898 bottom of the day channel.. price is near it now.. on Nov. 5 the wedge hits.. pa can bounce at any time before. On Nov. 5 the lower TL will be about 1.0850/51 ish.. That may be the hold risk, if it continues lower following and respecting the TL. {image}Ignored
Disliked{quote} feeling EurUsd selling off to 1.08 around the corner.....it so weak.. no bounce at all.Ignored
DislikedShort EU 0920. Against my style as it's close to the bottom but it's a really small size. Should have shorted Asia high (daily pivot), but I slept all through. Hahaha... Let's see if options pull to 0900 and below works.Ignored
Disliked{quote} EurUsd printed so far..41 adr atm..20 more to go... next to print 0902 or 0950... RU R1 ----------1.0950 FP PP ----------1.0935 RU S1 ----------1.0920 FP S1 ----------1.0915 WP S1 ----------1.0911 RU S2 ----------1.0905 FP S2 ----------1.0902 MP S2 ----------1.0891 WP S2 ----------1.0883 FP S3 ----------1.0881 RU S3 ----------1.0880Ignored
Disliked{quote} the same chart zoomed on the day shows 1.0898 bottom of the day channel.. price is near it now.. on Nov. 5 the wedge hits.. pa can bounce at any time before. On Nov. 5 the lower TL will be about 1.0850/51 ish.. That may be the hold risk, if it continues lower following and respecting the TL. upper wedge line at 1049 today. {image}Ignored
Disliked{quote} feeling EurUsd selling off to 1.08 around the corner.....it so weak.. no bounce at all.Ignored
DislikedSwissy clearly bullish, try to overcome sma 200. A daily close above and next target will be 1,0015, 61,8% of the move 1,0236 - 0,9657. If EU sunks, swissie has litle room to outperform, as cross is near over stretched cycle. I'm still betting an upper leg of EU of 200/300 pips before macron gap, D1 close below 1,0850, will invalidate this view.Ignored