EURUSD

EURUSD price action on the daily time frame is in a bearish technical structure. However, after the bearish breakdown of the1.06000 horizontal support (blue), there was a bullish pullback. But bulls lost the technical impetus on Friday, leading to the printing of a bearish pinbar just below the 1.06000 area. A successful bearish follow-through this week would target 1.03840, which is the next area of value.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

what it mean for you ?

good bounce lately , now watching for short signal . may more than minimum correction possible 0549 towards 0516 possible , but take care as bounce further , may not too high though ! earliest breakout , next good may 0578 , signal 0575



well done limit test 0571. waiting it beaks for low test and break if
update : bo 0560 and hold may for targets low 1 0530 , 2nd 0501 . take care

if bulls didn't want EURUSD going to below parity level this week , then prepare buy at 1.0509

4 day view ?
I am looking at todays ADR atm ?

EURUSD 1 H

Price oscillates around the Cntered Moving Average 256 Time Units which summarizes the TREND

back evening session . target 1 get , next proceed for target 2 , watching 0520 level. how reacts ! breaks and hold . continue bear !

No need to trade and post. . . . . Trend is down....SL far away , as shown. Time to do some other things......

BP 5' --- Same here.

time to buy 1.0509 has reach

COMING BULLS TO COMPLETE CORRECTION ABC

4 Day Timeframe update ?

bo for bottom play again possible

Approaching 1.04 87 ... soon....where a rebound is more than possible. . . . . .

With the finger on the trigger. . . . . . .

BP 5' --- Approaching 1.21 11 where I will collect my fat profits. . . . .

BP 30' --- And now long.......

Long here now.