EURUSD only

What do you think of my scenario ?

1.2300 is the 50% fib retracement from the recent swing high. A strong psychological number. Good battleground area between bulls & bears?

Dear,
Looks new in forex , Why you forget it : Market never follow any indicator ,Always Indicator follow the market price

He may stress again that he wants stronger dollar!

It is going to rip upwards and kill all the shorts tomorrow. I know because most just got short on this board. And ata was getting LONG.

ptz update again....eurusd ptz update still in the zone... look and match last ptz and current ptz .....amazing how big boy's move and test and trap...

https://www.forexfactory.com/showthr...6#post10853936

all my shorts are safe

hi ata what you think about eur usd now

EUR/USD reversed sharply after Draghi’s press conference and marked daily low at 1.2303. Now the 1.23 area is critical for the pair as it’s acting as immediate support. In case of breaking it to below next target for the bears will be 1.2280.

Yes! The move very strong, but 50% fibo always a chance a little pullback, and scalp that.

Hello Classy.. well first of all this amount of drop was not in my plan.. In my thinking price should have been bounced back up at 1.2360.. but here we are inside much lower levels... which made me come back to my Elliott Wave Chart I shared several times in the past..

Regarding to the chart we are still inside a wave 5... but if we break that wave 5 down into 5 sub-waves we probably are inside a wave 4 of it.. meaning: most confusing wave and it is true so far since we all are struggling from time to time since this wave started around January 2018..

The wave 4 flows inside a slightly descending channel. The blue line is the pivot and it should have supported price today latest at 1.2340 but even that didn't work and price broke through.. What it means to me is that retests of 1.2180 area is now in my radar.

Overall whatever price does on Daily I will not change my bullish bias as long as price stays above 1.2180/40 zone... After this retracement (aka. wave 4) is done we probably will head back towards 1.2660 area and higher.. the whole red area is the zone where based on Bill Williams chaos theory, wave 5 might end..

I hope it explains what I think..

Stay Green

Ill add some charts/ideas also I trade astrology.

'Major Announcement' about North Korea coming up about one hour.
Shorts beware - the Last NK news boosted the Eur/Usd

Would this not be bullish for the dollar?

Thats what I was thinking.

The analysis i made yesterday shot the TRAP TL and reverse.

2 of 3 long positions filled in my buy zone. Happily daydreaming of yellow daffodils, double rainbows, eating organic strawberries all the while contemplating the concept of time itself.

RENKO BRICK SIZE = 9 PIPS

going long till 2354 then shorting all the way down to 2165