EUR/USD daily levels 09.03.2016
Updated
Some levels remain the same, some are new!
To understand what the pair is willing to do today you have to see yesterdays idea!
My thoughts is that pair is willing to go down at the moment!
Reasons - yesterday 08.03 it got above Sensitive level, and it felt down more than ( 23 or 35 ) pips, furthermore it broke yesterdays Decision point that was located at 1.1004. Today Decision point is higher than yesterday, so we are under it!
My thoughts is that Pair is willing to go down and test Daily Sensitive Support Area!
Let's get more in details!
eur/usd can go back up and test today's Decision point! If it fails to break it upwards it can be rejected back down!
eur/usd can not test Decision level, but go down to Daily Sensitive Support Area.
If it breaks DSSA 1.0954 by X pips, it can keep falling and it is a sell opportunity!
If it does not break DSSA 1.0954 and goes up and breaks DSSA 1.0968 upwards it is a buy opportunity.
If it goes up and tests Decision level 1.1021 and is rejected, it is a Sell opportunity.
The same rules applies to DSRA located at 1.1094 - 1.1170
Sensitive level remains the same as yesterday, and the same rules applies to it mentioned before.
S2 level is just another Sensitive level and we can watch how market reacts with that.
I will be updating during the day!
Cheers!
If you have any questions feel free to ask.
To understand what the pair is willing to do today you have to see yesterdays idea!
My thoughts is that pair is willing to go down at the moment!
Reasons - yesterday 08.03 it got above Sensitive level, and it felt down more than ( 23 or 35 ) pips, furthermore it broke yesterdays Decision point that was located at 1.1004. Today Decision point is higher than yesterday, so we are under it!
My thoughts is that Pair is willing to go down and test Daily Sensitive Support Area!
Let's get more in details!
eur/usd can go back up and test today's Decision point! If it fails to break it upwards it can be rejected back down!
eur/usd can not test Decision level, but go down to Daily Sensitive Support Area.
If it breaks DSSA 1.0954 by X pips, it can keep falling and it is a sell opportunity!
If it does not break DSSA 1.0954 and goes up and breaks DSSA 1.0968 upwards it is a buy opportunity.
If it goes up and tests Decision level 1.1021 and is rejected, it is a Sell opportunity.
The same rules applies to DSRA located at 1.1094 - 1.1170
Sensitive level remains the same as yesterday, and the same rules applies to it mentioned before.
S2 level is just another Sensitive level and we can watch how market reacts with that.
I will be updating during the day!
Cheers!
If you have any questions feel free to ask.
Note
Have to see now, will the pair go and test DSSA.Note
Pair may be rejected and start an upward movement, or test 2nd DSSA level!Trade active
I opened long near above DSSA with TP Decision level! The problem may be S2 level, so I could close Half position there!SL x pips below DSSA 2nd!
Note
It is coming to test 2nd DSSA. Will see how it holds, like I said SL X pips below.Trade active
Didn't broke 1st DSSA, so It may not test the 2nd one. Trade still active!Trade closed: target reached
It was one Pip away from my SL since it was X pips under second DSSA. But now it is okay, and target ( Decision level ) is reached! Cheers!Note
These levels are not Valid Anymore! Check out new Idea for 10.03.2016
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