EURUSD

Sleep tight.

Strong short term resistance around 1.30907.
Let see either EU able to break it or reverse.


Twinsummit

go short

waiting for this bullish flag to break is so exciting im falling to sleep

WENDIGO

My thought on eu

She very nicely poised for a pretty decent move problem is coin toss

Weekly
We have some nice dynamic at play. falling tl 38 fib clusterof previous highs, inverted H&S @ bottom of decent fall and her neckline a falling tl green or neck line the cluster of horizontal S&R, 200sma cruising down and possibly flatening out, 50 sma rolling up under the last 3 weeks lows(this week included yet to close)
4hr
with a crooked eye, possibly see a sub inverted H&S, but the characteristics hold little value,

now some new dynamic, the present weekly H&S left shoulder is 17weeks, the present possible right shoulder is 14 week, so considering the time of year, week quite possible could have the next 3 trading weeks, ping pong maybe back down to the previous LL 2707 ish even a little furthe would only create a LL in the 4hr,then back up here, the weekly inverted H&S would still be valid for the bulls
The green falling tl is the weekly H&S Neckline, But could also use the cluster of horizonal previous highs as neckline, a breach of all these pretty much would confirm bulls weel in control H&S target approx 4080ish

I would give the redhorizontal 3138 previous high more credibility if breached, becuase it would negate the present LH LL pattern and be also be above the big weekly falling tl, the green falling neckline, and I think bulls would have very good foot hold, the original H (DT) of tthis pattern should deserve some respect, it also the level of the righ side of the neck

1hr presently tapping the green falling tl (neckline 1) it is also the 2nd breach of the weekly falling tl, showing the bull strength of this present rally from previous low H&S 2131ish
Now not forgeting my bears, the weekly is still in a bear trend, although under heavy attack
The neckline, cluster of resist (previous highs) is going to be one monster scrap ahead peoples, the bears have already shown where they hiding, the bulls are gathering, been say alot lately is very much a coin toss zone, each time bull take a level, is little victory, bear defend then their little victory
This battle could easily go into early feb, march,

For me bears should just smash bulls right now and send euro to sewer, but in respect of bull, let the mini battles begin I am scalping mode until either one takeout above levels

might be all alot bs but just my thought s be kind

all good thanks looking forward to christmas break followed by skiing in the alps for new year

EU in a sticky turning zone for me I would like to see it above 3126 now, that way I can switch to a bull bias. at the moment where it is I have no bias and that is no good to me, still crude always pays

Not a skiing guy but that does sound like fun.

I'm still long. Just waiting until I'm not long

nice analysis chap,

it is the weekly that has me looking at the bull side as well above 3126. simply looking at the weekly correction at 38% it is shallow and there is more to come, the question is when, will it take the initiative now or will bears push it down again

shorted at 90

i don't think that's good idea

It took about an hour to make a move up to 90. I wouldn't short it yet.

Trying to short/long in the middle of a trend esp Hr4 is like catching a falling knife, lets see who gets hurt. EU long is still in play until otherwise bears will be massacred....be patient n wait for a clear reversal. bearbull

actually 2 hours or so.

London opens soon, monkeys start to sell USD. Then tomorrow they will buy back

Let the opposite indicator do their work

Most likely!

1h left, it's franky time

ps: we have new high

there are plenty of opposite indicators around..

im not worried, as expected we will go to 1.3120, then again, it will fall back.
people havent been convinced yesterday by Fed, they wont be today IMHO.