The Swamp

30 m reversed. 1h at 1.0954

I should of closed when it didnt close 0934+, but thought 0927/29 may hold it.. I closed before my stop was hit..

15 m at 1.0917

15 m is bearish now. The trade can be closed in profit now. @ 0925
The 30 min atm at 1.0907. Pa may attract to 1.0911/07

1.0884 or 1.0974? 1.0880 missed last drop.

Bears want to stay below 1.0880 (bulls opposite). Bulls want to recover this next 1h close above 0887+

Closing 1.0907+ and/or 1.0925 is likely not bearish. Pa getting back above 1.0955 is probably bullish. Bears need to start closing below 1.0880.

I am shorting this following my ea , ea has stop loss at 1.0920 for now

1.0893.5 pops up in a tiny window. After it, who knows.

It looks like a micro support at 0893.5ish may develop. If it closes above 1.0907 after. it may try 0925 (0924.7) Close above 0925 and it should take more.

Bulls held 1.0880, and the 1-4h close above 0887.

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Got a 15 min close above..

If pa gets above 1.0955. It will likely run to 0977 or 83. If the week closes above 0955, early next week should run. Closing the week above 0977 and 83 is a stronger indication. All these numbers including 1.0924.x are some R. So they can also reject. Just like 1.0907 did earlier short term. Just like 1.0880 did on the fall as support. So all these R's need to be closed above to rise. PA has tested this spot for weeks. So I cant post every R. There is simply to many to make sense. They can screw those dynamic ones your indi's make. Your indis are formed with mostly ma's. That logic will give bad reads in consolidation. Those others weed through a lot of the BS.

The hedge funds net short Eur this week per Apr 4th COT report

I'm surprised they were short. PA did not make it any further than 1.0824 Friday. But pa also closed above 1.0880 etc.
This mixed to me.

On the bull side. Pa has closed the Q +0694 0835 and now 0886. I dont like being under 1.0924.x, or 1.0955. Choppy as hell.

The day didnt make it back above 1.0824.x. It acted as R this time. The week did close higher. As did the quarter, month. Some weakness on the day. So it may run back to test 1.0880. I have the thing closing Monday or Tuesday above 1.0955. Maybe 0977 or 83+. I base that on the year, month and week close. But I may be wrong. It could take back -1.0880. The week range is just above 200 pips. 1.0880+200 is 1.1080. 1.0983-200 is about 1.0783. I suspect pa will be somewhere in the 1.07x/1.10x range next week. Since the year algo was filled at 1.0805 months back. It has ranged some. There is another algo at 1.1186. Since the quarter, month and week have made a higher close. I will lean toward 1.1186/slip. I did once think 1.0805/slip was enough months back. With the help of 1.0835. Any way with the day closing red. The retrace to test 1.0880 was rejected. That dont mean it will not happen again. And if 1.0880 did fail, 1.0871 41 *1.0774 and 0744 are in the path. Bulls need to hold 1.0880. or it will slip lower. Bears need to prevent newer 2023 highs. The quarter, month and week bulls have made a 2023 higher close on their last battles. The day bulls have not made a higher close in 2023 in a while. Since 1.0977.x. Pa is very close to 1.0977.

The 2 places I see is the range 1.0880 and 1.0925.x. Bulls held off 1.0880 Friday, but were unable to close the 1.0924.x deal after. I suspect pa will be +1.0925, or -1.0879 soon. I will have a bias to the quarter, month an week winning to reach 1.1186. After that the larger decade and year bearish bias will capture me. That larger bias still has me bearish. But I do see the path to 1.1186+.

I also see the new formed 1.0736 path. Bulls do need to take a close above 1.0955. Bulls do need to take 1.0961. Bulls have made higher quarter, month and week closes. Spending a lot of time doing it. Bulls have been building a launch site at 1.0736.2/slip. Pa may need to run back lower (1.0736/slip), and fail breaking the lower range. To break the upper range once more, before 1186. Between 1.1186 and 1.0736 is 1.0961. PA is below 1.0961. The plot thickens. Friday after the run to 1.087x. Pa was only able to move 1/2 of adr on Friday. Yeah banks are closed etc.
So if bulls are unable to break 1.0955 etc. A -1.0736/slip retrace may be a long to come. A chance to short to 1.0736/slip may be forming. Another chance to long from -1.0736/slip to 1.1186 may form. Or the short 1.1186 slip to 1.0736/slip. Just in time for the seasonal summer range.

Once upon a time it was Covid19...

Unable to shoot rabbits this Easter, New Zealand mulls deadly virus to fight ‘plague’...
https://www.theguardian.com/world/20...o-fight-plague

2hs ago has a little excitement.

Can you see crude and natural gas premarket price?