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Attachments: EURUSD Club - Get Your Trend Right
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EURUSD Club - Get Your Trend Right

  • Post #781
  • Quote
  • Edited at 4:28am Jan 26, 2021 4:16am | Edited at 4:28am
Quoting wmctrader
the trendline at 2109 is desperate for a test.
Gotcha! (to be fair, yesterday was an hourly trendline, this morning daily )
Quoting klm1011
.... over all trend is bearish for now ........ so ..... look for shorts higher up......
.......... price went down another 30 pips as per assessment then..............
Quoting wmctrader
{quote} Gotcha! (to be fair, yesterday was an hourly trendline, this morning daily )
....... what's yr current assessment wmctrader..............
Quoting klm1011
{quote} ....... what's yr current assessment wmctrader..............
In my opinion, the downtrend strength increased, so i would expect again a retest of the trend-line, if it breaks my target is in the 2090-2085 zone.
If it holds, i would buy again above the trendline, and then my target would be 2160-2170.

But for the next hour i would prefer higher prices, because im still holding a small part of my long position, and that would also give a lower risk entry for a short trade.

What do you think?
Quoting wmctrader
{quote} In my opinion, the downtrend strength increased, so i would expect again a retest of the trend-line, if it breaks my target is in the 2090-2085 zone. If it holds, i would buy again above the trendline, and then my target would be 2160-2170. But for the next hour i would prefer higher prices, because im still holding a small part of my long position, and that would also give a lower risk entry for a short trade. What do you think?
..... it's still the same .. bearish over all ..... until next assessment ......
..... which country you from .......
I am from the Netherlands, so i'm glad you sponsor our national airline!
Quoting klm1011
{quote} ..... it's still the same .. bearish over all ..... until next assessment ...... ..... which country you from .......
Okay, also FOMC tomorrow, so i wouldn't be surpised if its going to be very slow till then.
Quoting wmctrader
I am from the Netherlands, so i'm glad you sponsor our national airline!
....... don't know much about who sponsers who ..... but sounds good to hear .......
  • Post #789
  • Quote
  • Edited at 7:55am Jan 26, 2021 7:30am | Edited at 7:55am
........ pattern formation ....... price could go down ............... upto 40 pips possible....
price in sell zone of pattern...........
... tik tok...
...upper limit could be 1.21660............
........? BC leg is forming ...........
H1/H4/D1 --- are all trendless at present ........ so cycles within small and large consolidations......
.......... ? short probability.....
Quoting klm1011
........? BC leg is forming ...........
Attached Image (click to enlarge)
Click to Enlarge Name: 15 wedge.PNG Size: 40 KB
........one short held from top of pattern ......... 2nd short just before this current probability......out of TZ....
Quoting klm1011
...upper limit could be 1.21660............
......an assessment at the time ....... +/- 10 pips .......
....aggregate from the pattern and short.....45+24 pips... in last 24 hrs...........
Quoting klm1011
........ pattern formation ....... price could go down ............... upto 40 pips possible....
....another assessment ...... more than 40 came out eventually....
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