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EURUSD only

  • #82,481
  • Mar 29, 2019 6:40am Mar 29, 2019 6:40am
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  • #82,482
  • Mar 29, 2019 6:41am Mar 29, 2019 6:41am
Bearshit over!

Any long position against 1.1209. First target 1.1330
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Don't believe me just watch!
  • #82,483
  • Mar 29, 2019 6:44am Mar 29, 2019 6:44am
Capped by negative trend line,
ThThe most position
Short 1.1232 with a target 1.1195

  • #82,484
  • Mar 29, 2019 6:49am Mar 29, 2019 6:49am
Quoting Reisya90
Capped by negative trend line, ThThe most position Short 1.1232 with a target 1.1195
This time EU has a very high probability of going up and flipping the bearish cycle. ofcourse it will still respect resistances but in a bullish cycle they are meant to be broken and looking at the price action its staying strong. atleast if todays daily close is above 1.1243ish it will confirm a bullish cycle being created.
  • #82,485
  • Mar 29, 2019 6:53am Mar 29, 2019 6:53am
Quoting Abrar1299
{quote} This time EU has a very high probability of going up and flipping the bearish cycle. ofcourse it will still respect resistances but in a bullish cycle they are meant to be broken and looking at the price action its staying strong. atleast if todays daily close is above 1.1243ish it will confirm a bullish cycle being created.
Yeap, ,that is,,, above 1.1240 open long.. .
  • #82,486
  • Mar 29, 2019 7:11am Mar 29, 2019 7:11am
'morning all.
in order to feel more comfortable with long position, i would rather had seen higher volume on the recent low of 1.1210.
this up move of aprox 20 pips was not as i expected regarding volume, unless big boys were already being buying while price was going down. (hidden buy?).
M15 - a close above AS high would give more confidence/confirmation.
cheers
If you don't know how to earn money, don't loose it.
  • #82,487
  • Mar 29, 2019 7:33am Mar 29, 2019 7:33am
Here we go.. sharks are in..

*Moving SL to break-even: 1.1226, let's see how the fight for 200 EMA on M15 will result..

Stay Green
Focus only on what truly matters!
  • #82,488
  • Mar 29, 2019 7:36am Mar 29, 2019 7:36am
Quoting Ata-Turkoglu
Here we go.. sharks are in.. *Moving SL to break-even: 1.1226 Stay Green
i have noticed for a while now that usually dollar drops on fridays not always but usually any thoughts on why this happen?
  • #82,489
  • Mar 29, 2019 7:54am Mar 29, 2019 7:54am
... https://www.forexfactory.com/showthr...6#post12165536
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  • #82,490
  • Mar 29, 2019 7:58am Mar 29, 2019 7:58am
Bulls are still getting rejected from 200 EMA on M15.. until next test.. meanwhile we also must check if 1.1222 holds or not..

Stay Green
Attached Image
Focus only on what truly matters!
  • #82,491
  • Mar 29, 2019 8:05am Mar 29, 2019 8:05am
Quoting Ata-Turkoglu
Bulls are still getting rejected from 200 EMA on M15.. until next test.. meanwhile we also must check if 1.1222 holds or not.. Stay Green {image}
  • #82,492
  • Mar 29, 2019 8:51am Mar 29, 2019 8:51am
Spring is loaded to the max...
  • #82,493
  • Mar 29, 2019 8:53am Mar 29, 2019 8:53am
Quoting sqaguru
Spring is loaded to the max...
I was thinking the exact same thing, that is one hell of a tight flag pattern.
  • #82,494
  • Mar 29, 2019 8:55am Mar 29, 2019 8:55am
Quoting Mystskull
{quote} I was thinking the exact same thing, that is one hell of a tight flag pattern.
Down to 1.1222 and rally? That is the question...
  • #82,495
  • Mar 29, 2019 8:56am Mar 29, 2019 8:56am
next 2 hrs will be very critical for EUs direction, bulls need reinforcements to break 1.1243 mark. any failure below the 1.1222 level will be bad news for the bulls
  • #82,496
  • Mar 29, 2019 9:00am Mar 29, 2019 9:00am
Quoting sqaguru
{quote} Down to 1.1222 and rally? That is the question...
I honestly don't know lol. If i had to guess it would either:

A) Blow upwards with omega force
B) Drop to 1.1224/1.1225 region and then reverse (if it gets past that maybe 1.1217 would be the next "soft" support followed by 1.1215)
C) Drop downwards with omega force

Its been wound so tight around 1.12345 (78.6% retracement of the previous major upmove) it could go either way
  • #82,497
  • Mar 29, 2019 9:00am Mar 29, 2019 9:00am
Head and shoulders forming on the 5M
  • #82,498
  • Mar 29, 2019 9:06am Mar 29, 2019 9:06am
EU going up from here would be ironic as US data that came out was green but thats exactly what it needed to move!
  • #82,499
  • Mar 29, 2019 9:10am Mar 29, 2019 9:10am
I feel like my SL at break-even: 1.1226 will be hunted again.. for now it was saved by a pip as usual and trade is still on..

*If I get stopped out I will try to get a better price by buying lower..

Stay Green
Focus only on what truly matters!
  • #82,500
  • Mar 29, 2019 9:14am Mar 29, 2019 9:14am
Another possible scenario based on geometry (!) of PA, is the pair will slide lower until 6 am GMT on Monday.
Then rush up with strong momentum.
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