First the price bounced off 1.4155 POC to 1.4200 then the break of 1.4115 towards 1.4066
Both parties have been happy
Both parties have been happy
DislikedThe EURUSD is standing at very important POC 1.1145-60. This is 4h support and POC ( T-89 , Inner Trend Line, Historical Bullish Order Block). If EURUSD wants to go up it should spike from POC else we might see a drop towards 1.1055 -a historical BPC pattern. On the chart we can easily identify POC with T-89 and the support EURUSD is currently standing at.If the pair rejects next level is 1.1220 then1.1270 and 1.1340 but if the pair doesn't reject than 1.1055 is in sight with 1.1020 and 1.0980 as next levels. So pay attention to bounce to the upside...Ignored
DislikedCommodities and Equities prices have rebounded from their interim lows of Early February 2016, and it has resulted with strong gains across these markets. Clearly this has been a risk-on scenario, causing AJ to be bullish during this period as well. Equities are reaching key resistance levels and are showing signs of market fatigue by the End of this Quarter and Month. This shows that risk-off sentiment may come back to the fore, meaning it could be a nice setup for a short position on AJ. Technically 86.15-30 zone (now moment sellers, WPP, 50.0)...Ignored
Disliked{quote} Good pips on AJ - completely correlated to equities {image}Ignored
Disliked{quote} Nice Work Tarantula... Traded equities to the downside for good pips too.Ignored