Looks like price cooling at this 1.33 area. However It is better to wait for a clear confirmation on PA before take a decision. If PA broke below 1.33, then there is a high possibility to test the next support level at 1.3165. I would like to to try a short below 1.33 targeting minimum 1.3165.
Looks like price cooling at this 1.33 area. However It is better to wait for a clear confirmation on PA before take a decision. If PA broke below 1.33, then there is a high possibility to test the next support level at 1.3165. I would like to to try a short below 1.33 targeting minimum 1.3165.
Ignored
We almost there. Lets see what PA gonna do from here
Missed a A+ plus setup and cost 250 pips. Price failed to break above 200 ema and reversed at the 1.3308 resistance level. Nice shooting star candles with long wicks to the upside did the job.
By Looking at the daily chart, we are still in the uptrend and there is more room for that. However Daily candle just close below the 200ema and we still cannot make any decision based on the current PA.
EU trading in the major support levels and I am strongly looking for long opportunities until EU break below 1.2985.
As far as I remember yesterday was the best Moday in terms of high probable PA setups.
Geppy also dropped after this lovely bearish engulfing candle on 4hr Tf and reversed quickly with a long wick Pinbar. However candles followed by the pinbar still not indicating a reversal. In that case I am with a sniper to get a better shot.
By Looking at the daily chart, we are still in the uptrend and there is more room for that. However Daily candle just close below the 200ema and we still cannot make any decision based on the current PA.
EU trading in the major support levels and I am strongly looking for long opportunities until EU break below 1.2985.
Ignored
Very Good Analysis Robert. Looking forward to more analysis.
