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  • #1,194,501
  • May 19, 2021 12:55pm May 19, 2021 12:55pm
Quoting MrBullBear
Crypto investors are panicking. Where they gonna put their money now? Those who can guess will benefit.
They are likely going to put it back into crypto at an opportune time and potentially make incredible gains. Some have already started. That's how it works.
Learn from your mistakes and march on.
  • #1,194,502
  • May 19, 2021 1:16pm May 19, 2021 1:16pm
This sudden move down reaction was because of this news:

https://www.forexfactory.com/news/10...rket-committee
  • #1,194,503
  • May 19, 2021 1:36pm May 19, 2021 1:36pm
Quoting here2there
{quote} They are likely going to put it back into crypto at an opportune time and potentially make incredible gains. Some have already started. That's how it works.
Nobody knows to where it's going to be. It may go up again or may crash... you take your pick. It's a gamble. The up move is because of covid where investors pulled their money out of crushing economy's worldwide. The down move is because of Elon Musk now china... who/what next? Again.... nobody knows...
Only an idiot knows with certainty to where the market is going.
  • #1,194,504
  • May 19, 2021 1:41pm May 19, 2021 1:41pm
Quoting MrBullBear
{quote} Nobody knows to where it's going to be. It may go up again or may crash... you take your pick. It's a gamble. The up move is because of covid where investors pulled their money out of crushing economy's worldwide. The down move is because of Elon Musk now china... who/what next? Again.... nobody knows...
whatever the reason, price may rebound near 2130 atleast
  • #1,194,505
  • May 19, 2021 1:50pm May 19, 2021 1:50pm
TREND LONG is WEAKING...RETAILs adding LONG POSITIONS...many STOPs hits...next support .2120
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  • #1,194,506
  • May 19, 2021 2:02pm May 19, 2021 2:02pm
Quoting JBRolim
Hi guys, I have a sale ticket 1.2228, Let's see how far this goes ... Calm down, who knows 1.2150 will be my way out ,,, (Relax and take it easy) ,,,

I have the sale yet ,,,
"No pain no gain"
  • #1,194,507
  • May 19, 2021 5:00pm May 19, 2021 5:00pm
Quoting Techanalyst
{quote} If it gets there it should take a bit while. But I see what you mean monthly supply zone.
Ha Ha I actually meant 1.21840 which it smashed through but returned to today lol ...ooops
  • #1,194,508
  • May 19, 2021 6:34pm May 19, 2021 6:34pm
Eventually, after hitting a new high the price drops and land at a low 1.21739
H1 in correction time, I think will arise today, but let see what happens later.
  • #1,194,509
  • May 19, 2021 8:45pm May 19, 2021 8:45pm
I'm looking at the price action and I think a move up is possible.
Will look to see what comes out of the London open.
  • #1,194,510
  • May 19, 2021 11:42pm May 19, 2021 11:42pm
Quoting Js3mwtRc
Some shorts here may need to see some unloading at lower levels, so bulls will have easier job to do after. The drop may be shallower. {image}
Look at hidden price divergence on 4 hour macd

The current top is lower than previous
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  • #1,194,511
  • May 20, 2021 12:21am May 20, 2021 12:21am
Quoting PatienceFx
{quote} Look at hidden price divergence on 4 hour macd The current top is lower than previous {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 31 KB
  • #1,194,512
  • May 20, 2021 12:22am May 20, 2021 12:22am
long term eu should start a big drop around 1.27/1.30
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  • #1,194,513
  • May 20, 2021 12:50am May 20, 2021 12:50am
2243 proved solid resistance, lets see if, these shorts stay for longer.

Attached Image (click to enlarge)
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  • #1,194,514
  • May 20, 2021 1:01am May 20, 2021 1:01am
Quoting Js3mwtRc
{quote} I prefer the blue, but its harder to get hit, maybe at FOMC. {image}
The blue area is still in the game!
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  • #1,194,515
  • May 20, 2021 1:17am May 20, 2021 1:17am
price will still continue to go up, you have to find best place o buy more

this is why i am holding all those long trades
  • #1,194,516
  • May 20, 2021 2:47am May 20, 2021 2:47am
ECB's Schnabel: Eurozone inflation surge is temporary, no need for rate hike now. Source: fxstreet

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  • #1,194,517
  • May 20, 2021 4:56am May 20, 2021 4:56am
Quoting PatienceFx
{image} {file}
20 period rsi divergence
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 28 KB
  • #1,194,518
  • May 20, 2021 6:31am May 20, 2021 6:31am
After a correction this should go UP ...

Good day so far!!
  • #1,194,519
  • Edited 8:36am May 20, 2021 6:56am | Edited 8:36am
Quoting NrSLionHeart
After a correction this should go UP ... Good day so far!!
yes if we go by weekly divergence on rsi 20, this pair still has some room to go up before next correction wave begin
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 28 KB
  • #1,194,520
  • Edited 11:13am May 20, 2021 7:28am | Edited 11:13am
This is a reason of why EU failed yesterday. Over 1 bn calls exited at 1.2200.

Attached Image (click to enlarge)
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Source: cmegroup.com
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