HI, I AM LONG ON THAT PAIR BUT SOMETIMES GOT TO PROFIT FROM SOME MINOR WAVES WITHOUT FORGETTING TO HANDLE THE RISK OF ANY LOSS ( LIKE CATCHING A FALLEN KNIFE ) TOMORROW SO SPECIAL ECONOMIC DATA COMING UP SO THE CONSOLIDATION DAY MIGHT HAPPEN IF THE GREEN RESIS LINE FAILS TO WORK, ELSWHERE GETTING BACK TO 99.20/05 IS ON GOOD WAY. TRADE SAFE
well well well. support and resis rules work good. there might bea correction at euro session towards 99.20 maybe alittle bit more 99.05 . elswhere we can run towards 100.32. which is the next resis level. i wait the H4 closing c&ndle. safe trade for everybody nb; the main trade is long but i like playing the minor movement of a trend.
as i mentioned in a previous chart that this pair is heading technicaly towards previous highs and all the mess up or collapse that drove it back again near 96.80 has been absorbed by good us datas which technicaly seen by the significant going up until 98.49 . the pre-open market shows us positif gap. the old resis is becoming our new support 98.41. as i said...
expect a little correction after multiple rejection at the green level 98.41 made bfore not te be taken as a call. trade according to your own set up. those ideas envolve my risk trade safe
PULLBACK OR THE CONTINUE OF THE COLLAPSE. 96.70 IS A VERY SIGNIFICANT LEVEL TO WATCH, PERSONALY I DONT SEE A DOLLAR AT 95.00 UNLESS BIG CRACHING MOVEMENT ARROUND THE WORLD IS HAPPENING; THE FED AINT HELPING BY KEEPING THEIR FUTURE STEP UNCLEAR ABOUT REDUCING FAKE MONEY FACTORY. TOMORROW, IF GOOD US DATAS DONT AVOID AN OTHER COLLAPSE,YES THE SHORT TREND COULD...
the orange first support could be reatched at the asian and euro trading session (opening bell) before heading towards the green trend line. if a break occur, so more has to come elsewhere got to be real and prepare to short again; towards orange supports. my point of view not to be taken as an advice or trading call. trade safe
many ppl think to reshort dollar because of this pinbar formation. beyond candlessticks technics. you can notice this pair is reacting in a quick snap to bad datas but few hours later, the down move is recovered. that means bullish sentiment is still strong and only quick corrections are occuring. so be patient about your mong position and no place to...
many ppl think to reshort dollar because of this pinbar formation. beyond candlessticks technics. you can notice this pair is reacting in a quick snap to bad datas but few hours later, the down move is recovered. that means bullish sentiment is still strong and only quick corrections are occuring. so be patient about your mong position and no place to...
the dollar reacts very quick to any bad datas but the main trend is still present. keeping a long position after this correction is having more weight. so the 99.11 is the first target , then 99,65. mid term goals. i am not advising anybody with my chart, but just explaining my point of view. good luck
technicaly this pair should be going up in the next coming days, several tests of the 97 level had failed, a head and shoulders coniguration is set up . this is forex and everything could happen so beware of any brutal moves. entries at 97 or 97.50 are good targetting the last top 101.50 then 103.74; TRADE SAFE
Well a lot of things to talk about. step by step so everyone can understand easily. 1- we have our final correction price by touching 98.64 so we re done with the week bullish. 2- strong economic data released this afternoon ( europe for me ) did avoid the collapse of the dollar that means the bearish sentiment is taking over the bullish movers. 3- the...
i still keep my set up a deja vu situation is rehappening. so the collapse could face a resis ( first) at 97 . more to come later with an other chart
This green zone rise is nothing but a correction after a 400 pips collapes of the dollar. we are into a downtrend scenario so, beware for any action that could take us to where this uprise comes from. something is about to be a deja vu situation. reshorting the dollar might be if the same configuration is witnessed as highlithed by circles. by the way, nice...
the long candle breaking the 23% fibo is almost done; need to wait thefinal shape to be sure.an entry at 97.05/10 is very attractive for a long trade towards 97.55 then 97.96. good luck and trade safe