Same plan as before, but new upper position 0.98651. I was able to make some profits from the 3 previous losses in the Red Zone. Wrong time before to sell, but now with the confirmation from FOMC we are seeing it drop heavy and fast.
Related to my last idea of selling to .95000 range. This is a new nice spot to try my idea out again, as I've been waiting for a new area to sell down. Let's see if this area holds well and if it does, this is a garuntee Lower Low I feel. Tight Stop loss right above the resitance in case of a explosion upward to another possible sell area.
I'm looking to aim at .95000 to take profit. A very strong Beautiful Red Hammer fell down and broke the support beam. Let's ride this wave downward. Heck, at this rate...I seen a post saying we mightbe goin back to .85 range?? Maybe?
I lose 1 buy position, but going to finish the rest off by selling to the 1.70 area.
If this completes the patteren this week, then my trade from the top down will be a successful 600 pips. I belive this can quickly drop for this week, and then work on rising up some more. Forming the M formation will give the Market the decision to make Higher Highs or Lower Lows from there.
From the Market point of view, I beleive this makes more sense, to finish the structure and then create a new Rise, or new lower area. Also, it's still below 1.9 so no need to make a long Buy yet.
As my plan I created on May to trade this all the way down to the support weekly, it does seems like it can touch the bottom and bounce and go down even further. I'm holding on to my trade plan unless the price action tells me other wise.
Chart self explanatory. Clear money Baby!
Started my trade from the 1.21456 and sold up. Holding until next week, I believe we will see this pair touch around the 1.23 zone and I'll look to reverse my trade around that area.
Both on the Day and Month Chart it looks like a Clean Sale down hill. Going to put 1 or 2 dollars in and add more positions once I see a clear push down. Going to look for a short, but if it turns LONG SELL, Going all in.
It does certainly looks like it can reach this peak?
This seems to be a solid 600+ pips and then after that, this will soar to the sky.
I still see this pair repeating the pattern before shooting back up for a higher high. On Feb. 25. 2021 there was a push down for 200pips. This time I position myself at the top and make sure to catch this drop from the top of the Support.
I'm not in no sell mode right now. It's a clear ride up if you look at the 1 week timeframe.
Took my profits earlier today, and now the sell is back on it seems. So I re-enter just now for another 100 pip dip. Sleep and wake up in profits! My Entry is based on the 6hr and below charts. Really I use every timeframe I can for a position.
So I have two different possible trades for a Long or Short. The image should be clear enough, the Purple should be Long term until by July 1 or choosing the Orange line is the short term after a short drop, bounce, then drop down that should last until the 17th. My Sell ins should be in between my Sell Limit and Sell Stop, I'm debating where, but will be on a...
Was on the sell last night, woke up to my indication line for 6 hour Support Line and seems to be holding well. Going to Short Buy back up for that one last bounce it needs for a possible Long Sell. This is a follow up to my last chart.
After three weeks it seems, I hope this will be the sell I was looking for. Attempt several times and failed. I believe this is the one Neo!