{quote} Considering the significant resistance at the R78 area for upward price movements and the nearby traditional weekly pivot point, being at or near it may suggest a potential upward or downward movement. Though, during FOMC it goes both ways, ha ha ha ha! LoLz... But in my biased opinion... Therefore, it is possible that the EUR/USD pair could experience downward pressure during the upcoming FOMC statement. However, it's important to note that certainty in financial markets is rare. While the R78 area suggests potential price decreases, market...
As the current 1-HR candle comes to a close, it seems that 1.08150 could act as a pivotal point separating the bullish and bearish forces in the EUR/USD market. If the price drops below this key level, I plan to sell at higher prices, taking advantage of the opportunity to capitalize on the bearish trend.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
Good luck to me! ; )—
see you next month
) that the market presents an opportunity to buy dips... I'm looking to enter at or below the 1.07600 level, which corresponds to this week's pivot point. I calculated this level using my own custom VWAP-based pivot analysis, which marks the market's 50% midpoint. It's not your typical Pivot Point line. While my strategy relies on technical analysis with some consideration of fundamentals, sentiment, and trained intuition, I understand that the markets can be unpredictable.
. The sage advice to ‘take whatever the market gives you’ is undoubtedly wise, but a little humor never hurt anyone. You’re not wrong, but hey, where’s the fun in being so sensible all the time? ; )— at least that hard SL still made profits. agGreed?
