EURUSD H4 RECAP - HIDDEN PRICE/RSI DIV EXPECTING A BOUNCE SOON
Updated
HEY GUYS, HOW ARE YOU TODAY?
THIS IS JUST AN INTERIM UPDATE ON EURUSD TO REFLECT UPON LATEST DEVELOPMENT IN PA.
HIDDEN PRIVE/RSI DIV IN PROGRESS ON H4 SO THIS INCREASES ODDS OF A BOUNCE.
BUT THIS IS JUST AN EXTENSION ON MY PREVIOUS POST ON EURUSD.
I STILL EXPECT EURUSD TO DUMP FROM 1055//1065, BUT FIRST THINGS FIRST.
STAGE1 - BUY INTO THAT DIP FOR A BOUNCE - I THINK WE WILL HIT 0980//0990 BEFORE BOUNCE THOGH.
TARGET FOR STAGE1 BOUNCE IS 1055//1065.
STAGE2 - SELL INTO THE BOUNCE NEAR 1055//1065 SL AS NOTED PREVIOUSLY IS 1090.
TP1 0950 AND TP2 0900.
I WILL UPDATE ONCE THE BOUNCE IS COMPLETE.
GOOD LUCK AND STAY SAFE,
ASGCORP
THIS IS JUST AN INTERIM UPDATE ON EURUSD TO REFLECT UPON LATEST DEVELOPMENT IN PA.
HIDDEN PRIVE/RSI DIV IN PROGRESS ON H4 SO THIS INCREASES ODDS OF A BOUNCE.
BUT THIS IS JUST AN EXTENSION ON MY PREVIOUS POST ON EURUSD.
I STILL EXPECT EURUSD TO DUMP FROM 1055//1065, BUT FIRST THINGS FIRST.
STAGE1 - BUY INTO THAT DIP FOR A BOUNCE - I THINK WE WILL HIT 0980//0990 BEFORE BOUNCE THOGH.
TARGET FOR STAGE1 BOUNCE IS 1055//1065.
STAGE2 - SELL INTO THE BOUNCE NEAR 1055//1065 SL AS NOTED PREVIOUSLY IS 1090.
TP1 0950 AND TP2 0900.
I WILL UPDATE ONCE THE BOUNCE IS COMPLETE.
GOOD LUCK AND STAY SAFE,
ASGCORP
Note
120 min review. Expecting something similar to below. Cloud resistance weighing heavily at least initiallyit won't let price surpass 1035//1040.
So for short-term traders (daytraders) 2 options:
1) sell into cloud rejection 1035//1040 SL 1050 TP 0985//0995
2) buy into the bounce @ support near 0985/0990 TP 1055//1065 SL 0975.
Note
Note
1035//1045 DAILY OPTIONS BARRIER TODAY, 1.6 BLN USD.Note
(!!!!) IMPORTANT NOTICE: NO BUYING BEFORE THE BOUNCE.Note
UPDATE ON H1: PULLBACK POSSIBLE FROM HERE.I RECOMMEND BUYING SHALLOW DIPS TARGET NEAR 1035//1045.
BEST LOAD ZONE NEAR 1000 NOW.
Note
IF YOU ALREADY BOUGHT EURUSD, TARGET FOR BULLS REVISED TO 1050.Note
Ok, guys, week almost done now, for EU bulls, that bought near 1000 (0990), I recommend getting out near 1050//1055. Further upside likely capped/limited.Congrats if you made money. If you bot near 0990, you'd have +60 points with almost zero DD.
Here's my previous post in this thread:
1) sell into cloud rejection 1035//1040 SL 1050 TP 0985//0995
2) buy into the bounce @ support near 0985/0990 TP 1055//1065 SL 0975.
Trade closed: target reached
TRADE IDEA CLOSED.
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