EURUSD only

Quoting bastacazzate

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Hi, anyone else's broker showing these unusual huge wicks down on DXY? Could this signal or fortify the idea of a momentary drop on dollar and rise on euro? {image}

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Quoting vinesh1

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{quote} support and resistance are liquidity magnets. double top double bottoms are all liquidity magnets. If u see one u will notice market will always breach them and resume their original trend. Have to take big picture in context.. back to Euro/Usd. We will probably see 2-3 more weeks of up down movement with each down movement taking out previous weeks low by a littme before starting going up again. A doji last week and close below last week close today will confirm more down I think. Grain of salt please.

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Quoting vinesh1

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{quote} OK so lets see 3rd week of down movement taking out previous week's low by little. Where do we go now? Robber bankers will decide. I have a feeling another week of lows next week. We'll see.

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Quoting andvk74

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It looks like the same pattern BUT just a BIGGER version of it. {image}

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Quoting Ata-Turkoglu

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{quote} Good catch... and because it is obvious to all now it probably won't play out as you would expect.. *Theory: When we make masses aware of something, masses act different than they normally would, causing a deviation in the universal time-continuum..

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Quoting andvk74

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{quote} {image}

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Quoting vinesh1

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{quote} As expected took out last week's low. My initial target was reach at 1.098 and as expected went a little beyond to grab the demand zone at 1.094(critical). May get some support here and IF IT holds I am expecting 1.101 then down for new lows and then 1.11254 or so and then back down to my ultimate target of 1.07 that I have been harking about since Aug. Grain of salt please.

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Quoting Matts Micro

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{quote} Still following trend for mostly shorts. Still on this scenario. The re-challenge of the high was a little painful (a few losses) but am on top of it again. {image}

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Quoting Matts Micro

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I have 1.0883 zone marked on my chart as a hard support, hence the previous 2 bounce off. There is a chance for a H&S st correction with also a 4 hr confluence for the bulls push at this stage. Still no PA entry for me yet but may enter late with no candle signal. {image}

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Quoting Matts Micro

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{quote} {quote} Had no entry on quote but imo I think the bulls are now about to get a reprieve. Hit my hard support with long signals on multi tf, including daily with a bull candle close today. Not to say it can't or wont go lower but it looks like the bulls are entering the market at these levels to get their battle on. Will look at closing my short soon (4hr tf 2 hrs away) and enter the long correction to about the 1.1014 zone. The Fib. retraction zones are reading very true at the moment to current S/R levels. {image}

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