...this week - before RETAIL SALES fundamentals... just reconstructive homework... ...Bearish signals: Head/Shoulders, RSI divergence, fib retracements... Personally, I´m still short. But my first outlook were the daily chart downtrend, still in the Standard Deviation Channel limits.
Dollar stays between two strong news GDP/NFP. This week is on focus Retail Sales (Jul).
This week I´m using the momentum and harmonic movement to the next news USD Retail sales.
One year pivot on 1,109 is something like future reason for next move into my order setup. If the price still under this 1,109 pivot it might be the channel consolidation 1,100 and 1,117 :)
These horizontal sup-res lines still works! Use them :)
Follow the breakout from 1,110 and 1,120 channel. I prefer bearish direction, because Yellen is blablabla woman...
Is beautiful to be true. Price reached 1,121. The price may continue to pivot 1,109.
This morning are green numbers for Euro, but the price is going down... after break the 1,1340 (yeeeees my magical line) what happen???? keep smilin´ :)
Hello. Is it possible to see some price action? Maybe something like two hihgest highs and two hihgest lows? Because there is vissible also bearish divergence , maybe I can wait for double tops over 1,14555 and 1,15000?
Historicaly important lines works :) 1,1344O is magical number :) Please, don´t trust me! :)