EURUSD

Quoting Piters

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{quote} If you do not need to trade .. then DONT..! call it a day .. and get some rest.. EUR: since. last low [1.27562] up to the recent High [1.32032] we are seeing a bullish Price distribution. Price rejected from the low and currently trading above the fibo 50%. Most of the time trading [stuck in between that range] suggesting .. the job has not finished YEt.. THe other part is fundamental.. We are having a very negative US Credit event.. many players are scratching their heads.. If you are not already in trade.. I suggest stay away.. as those...

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Quoting Venice

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{quote} Resistance yes, but please do take note of the LH's we are making.

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Quoting Ambar

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{quote} IMO htere is a range 1.3150-1.3100

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Quoting Myo

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{quote} sorry, dont know

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Quoting Ambar

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{quote} IMO htere is a range 1.3150-1.3100

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Quoting Venice

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{quote} The LH's are a very distinct piece of information (even with a solid ceiling). It tends to imply that the supply zone is running out of firing power. That is to say, each iteration at resistance, we bounce less and less. Of course... as usual, nothing is ever certain or set in stone.

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Quoting Gokunopal

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{quote} Since today's opening is moving inside the range of .3091-.3150

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Quoting Ambar

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{quote} It's very funny when you realized after 8 hours...

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Quoting Ambar

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{quote} I know, as you very well quoted,nothing is ever certain , but ¿ would it mean that the upward direction is getting over????

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Quoting attila

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hi, rested now... again, I don't think there will be any up without 3040.. There's not much to do today, better start drinking early for the weekend..

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Quoting Venice

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{quote} Wait... when did we stop drinking?

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Quoting Venice

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{quote} I tend to view it more along these lines: Since the supply zone is running out of firing power (supply is being consumed), we will see a breakout to the north through supply. The play would then be to buy on the retest of supply turned demand. So really, it is as simply as if/else. You can play resistance with a tight stop and look for it to hold. You can also play the breakout and retest with a tight stop. Who knows what it is going to do. But there are options to make a calculated risk off of it. Edit: As well, the Current trend...

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Quoting gatorinla

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none symmetrical 302x is wanted st. . 3124 is part of it now.. bulls want a hh.. to pursue 3359+... the 3197 close is weighing on them, most here dont know about it. i promise you, the real movers do. especially late this year. both 1/4s closed below 3197. we even have a beautiful setup for 3739.. so atm bulls have a painted corner. bulls have to take 3178 or we drop... st is many times a liar. just not always like 3068 took several tries. .. if 302x is telling the truth, we should c 2810. min. near the 2743 level that if we get below cancels 3739.....

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Quoting salman14

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And finally, Have a look at the most interesting pattern, triangle within the triangle on the Crude Oil weekly chart. The impact of the smaller inside triangle should lead to the real impact of the larger triangle??? {image}

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Quoting loureed10

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s/o...means?

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Quoting gatorinla

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{quote} adding one more pending s at 3173, stops above 3177. i will probably be s/o... (3173/78 pa indicated st target) if not, we should fall to 2810 min after.

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