{quote} Oversold around 1.0845, hardly will move much lower for the next few days. Don't forget the weekly 61.8 sitting at around 1.0880-60. Like your chart.
{quote} Exactly at 1.0840, there is a stochastic mismatch that can fill it & return. The market always fills these areas. If it loses that support, it will drop to 1.06957. As you wrote well, 61.8 weekly can also support the return of the price. My long trades will also start in the same area of 61.8 weekly
{quote} I will buy 1.0880-60-45 and hold to see if we get move to 1.13. Hedging shorts to reduce risk.
I have arranged my longs on 1.088 -1.085. I also expect the price to drop another 130pips from 1.0850
{quote} Let's keep watching
Long at 0897...targeting 1150. In some pain right now, but I'm confident it'll pass. Hopefully.
Additionally to D1 1.0909, I also have a bullish shark completion on H4 right at 1.0888.... Let's see...
{quote} My plan is the same as yours this time
{quote} In a clear way, the macroeconomic conditions, especially the gross production and the recession issue, have diverged on both sides of the Atlantic Ocean.Apart from temporary fluctuations in price, this current trend could stop the euro's growth cycle of the last 10 months
I see the first stop in this move that could organize a significant correction is the 1.0866 range.
it start now!
