I am taking a look into it. Right now the drop might go up to 4000. But there are other scenarios too, so I will wait a bit longer to see what happens. Things can change couple of hours before the openning of the EUR session
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Disliked4270 could be reached if the floor of 4190 remains intact
Here is the view...Ignored
Disliked4170-4180 being the last place that will be the border between a bearish and bullish scenario...Ignored
DislikedLooks like it may want to go down and hit the .4140 (small black circle)Ignored
DislikedLooks like it may want to go down and hit the .4140 (small black circle)Ignored
DislikedIf the break of the dotted black line is a false break, within 10-12 pips, then we can shoot up again to 4230.
Seems we are in a wild goose chase here.Ignored
DislikedSo, I am really trying to test the opposite direction as the 10:15 - 12:00EST. How does this uptrust play into that?Ignored
DislikedTo clarify. On the 1HR chart. If the bottom of the at .4285 holds then a sell there would follow the trade in the opposite direction style. If not then that will not appear to work for today as the drive upwards will continue. Do you agree?Ignored
DislikedNo, not right now.
I suspect this thing is going further and hammering through that green circle, ending up at 4340 region.
The basic reason is the smaller blue circle that generated a massive thrust on the H1 chart here:
http://www.forexfactory.com/showthre...64#post4728564
So the 10:30-12:00 reversal will be delayed till around 12:00
Thats what I suspect.Ignored
DislikedSo, I am really trying to test the opposite direction as the 10:15 - 12:00EST. How does this uptrust play into that?Ignored
DislikedIt might even be delayed further around 2:30-3:30 PM EST.
But up to you if you want to short it now, or wait.Ignored
DislikedI shorted at .4283. I always do 3 trades and TP at 10, 20 and 30 PIPs. I got my 10 and I am close to 20.Ignored