EURUSD only

If bears can find new momentum, we drop to ~1.0838 next...

*It already looks like a very lazy day anyway.. Just close screen and come back tomorrow!

Happy trading day to all

Just like here

What's the 109255 line?

trendlines are infact direction lines
i shall let you know when upside direction is ticked with signal

MY weekly open level

Based on H1, I am marking ~1.0891 as potential trend-shift area...

If bulls can protect this and stay above it, we could have a major correction... Let's see..

*Chart shows a triple divergence right after double divergence BUT price kept falling! That's why I always recommend to rinse & repeat the same sell or buy action until breakout logic fails, because despite the fact that well-known signs of reversal can be helpful from time to time, they are often misleading.

Just to say that the one who bought at 1.08852 that created this impulse wave was me, okay? I entered with 0.01 microlot. Imagine if I used 0.05? I would take the price to 1.2000 today hahaha
Jokes aside.
The reason for the entry was MACD Divergence in 4h in a larger context.
Resistance overcome at the beginning of the London session that has now become support.
Together we have a Fibonacci of 61.8%

You know what's annoying? It's because it had everything it needed to go up...
but I hate those graphic figures... That damn megaphone format.
now it's time to wait...

Rinse and repeat until it fails... you get it?

*Based on the newest MONTHLY candle, we had a ~300 pips drop so far!
**Based on WEEKLY ~1.0870 is crucial decision area!

straight talk, if it doesn't reach 1.090 it's a joke with sardines, madness

I'm not into fundamentals but finding it hard not to look that way as price continues like a freight train. After today, the Dollar will have posted 13 up-close* Daily candles in a row, when was the last time it did that?

I start to wonder with the US elections coming, it's great to have a strong Dollar for the Fed ... They got inflation nailed, employment nailed, sales nailed, etc, etc. Any negative red news just temporarily slow the train down a little ... Not to mention that Powell and co. will be on welfare if Donald gets top job

Think my amateur attempt at fundamentals is turning into internet conspiracy ... I'll be eating pet cats in Springfield next ...


*Damn right I'm counting doji's in there too.

Even MORE cash to pick up! That GREEDY Mr. Forex! He wants to get it ALL. Careful!!!

Rate cut coming tomorrow with hawkish speech.

We have a CLOSE BELOW!!!

Based on H1, I am marking 1.0885 area as nearest resistance... Once above, bulls have a chance.. while below all bearish!

EURUSD SHORT Progressing.
massive wins only no loss!

Dollar nearing a resistance point in my system, EU homing in on the same resistance point ... Let's watch it get completely destroyed ...

Rinse and repeat until failure is highly crucial.. It is a solid way to protect account from false reversal signals!

All yah trying to go against the wave got destroyed. If i were you, I will just wait for tomorrow's ECB