seem like the bull is picking up, holding back my yesterday long trade was the right choice
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Trading EURUSD only 43,756 replies
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Dislikedeuro has been behaving very weird all this week, and I am expecting a big fall when the euro session opens because recently all the data has come negative for Europe yet the euro has been moving up, so its time to fall now.Ignored
Disliked[quote = PatienceFx; 13284694]真是个好消息{image} [/ quote] The euro is rising, why should you be short {image}Ignored
DislikedHey Ata, why do you draw this like a rising wedge? This would be bearish, but I think your upper line is quite speculative.Ignored
Disliked{quote} You can ignore the wedge if you like.. I won't, because pitchfork is broken but still no rise yet.. That means this pair is under pressure.. The wedge reminds me of that danger while still holding my long bias.. And a big part of retail traders have a fish memory.. Those only look for the short term history.. The wedge also shows me what those early sellers think.. But smart money definitely has other plans so again you can ignore the wedge if you want to focus on buying only.. I need to be cautious that's all.. Stay GreenIgnored
DislikedI have a feeling this bull wants to ram all the way to 1.2000 once we take out yesterday's high, but there are some serious threat levels on the way starting from 1.195-1.200Ignored
DislikedSee you guys by the end of day... My tp has been adjusted to 1.20230. Sl locked in( no matter what happens, profit must be made) goodluck on your trading... Keep in mind that we need a monthly close above 1.2000 to continue the bull run to 1.27900(as earlier mentioned)Ignored
Disliked{quote} A monthly close above 1.1967 is enough for continuation imo.. More bearish pressure will show itself the closer price gets there until smart money stops out 95% of early sellers.. That would trigger a fast jump up since every short order closing is a buy order.. Time will tell.. Stay GreenIgnored
DislikedMarking 1.1919 as nearest support on H4... Buying dips towards that level if you are not long already is likely to be the wiser option.. Stay GreenIgnored
Disliked{quote} But if eurusd breaks 1.18800 level I would say sorry for buyers because it has been tested multiple times and euro likely going to announce a stimulus package as well as the brexit will not be taken further. It will reach to 1.17250 then heads up to 1.20000 level.Just an opinionIgnored