{quote} I bought here too, SL and reverse now at 0155. I find this to be nice volatility still great potential on both sides, 1H. Never too late for a big move! Good luck mate!! {image}
Next week will be all about ECB who is going to raise the rate 0.25% after 11 years. Bulls should be favored here, so bears will be afraid the most, but technicals tell me that this downtrend isn't over and the price is only consolidating (started consolidating) before a bigger fall to lets say first 0.9900. We need to see the price back above the 50 DMA territory (Daily graph) and the upside of the channel to say at least that the trend is bullish and is trying to do something better than falling. I have note on the below charts - Daily & 4H the...
{quote} As I wrote bulls where favored today, despite problems with gas deliveries they rised the price above 1.0123 high and reached 1.0202 first Resistance level and supply on Daily chart. Above 1.0222 is holding it from rising to the next level/s - 1.0277, or 1.0325. Below 1.0123 it may try to reach 1.0100 round number first and then if, it fail 1.0082/73 is the next level/s to help in a drop. 1.0051/42 may come next if, the last doesn't hold. Ths is my 4.000ish post, more will come!
Ths is my 4.000ish post, more will come!{quote} As I wrote bulls where favored today, despite problems with gas deliveries they rised the price above 1.0123 high and reached 1.0202 first Resistance level and supply on Daily chart. Above 1.0222 is holding it from rising to the next level/s - 1.0277, or 1.0325. Below 1.0123 it may try to reach 1.0100 round number first and then if, it fail 1.0082/73 is the next level/s to help in a drop. 1.0051/42 may come next if, the last doesn't hold. Ths is my 4.000ish post, more will come!
. sell stop 1.01477 1.01195 1.01010!{quote} Ata,is it theoretically possible that wave 4 has been completed and abc has happened and is over?
{quote} In my opinion, only the wave A of 4 is completed... Robber banks will possibly create fake rallies and therefore I assume this will take some time until real wave B becomes visible... If H1 candles can not close below 1.0133 we could even skip a deep wave B and bulls might continue up straight ahead for the wave C.. Time will tell
{quote} In my opinion, only the wave a of 4 is completed... Robber banks will possibly create fake rallies and therefore I assume this will take some time until real wave b becomes visible... If H1 candles can not close below 1.0133 we could even skip a deep wave b and bulls might continue up straight ahead for the wave c.. Time will tell
{quote} Bence 4'ün sadece a dalgası tamamlandı... Soyguncu bankalar muhtemelen sahte mitingler yapacaklar ve bu nedenle gerçek b dalgasının görünür hale gelmesi için bunun biraz zaman alacağını düşünüyorum. .. H1 mumları 1.0133'ün altına kapanamazsa, derin bir b dalgasını bile atlayabiliriz ve boğalar c dalgası için dümdüz devam edebilir.. Zaman gösterecek
{quote} In my opinion, only the wave a of 4 is completed... Robber banks will possibly create fake rallies and therefore I assume this will take some time until real wave b becomes visible... If H1 candles can not close below 1.0133 we could even skip a deep wave b and bulls might continue up straight ahead for the wave c.. Time will tell
