During London (Oct 03, 2022) EURUSD failed to break above the Daily Supply Level at 0.9850 as expected, giving me more confidence in the possibility of the overall move to continue lower (and re-visiting my original targets of 0.9640 and 0.9510). I am looking to add more positions into this overall move as follows: 1H Failed to create a new Higher High during...
EURUSD EURUSD has made a strong push to the upside and closed well above the 0.9700 key level during NY Session (Sept 28). 1H made a clear break of structure to the upside and has been creating higher highs/lows since. Price is reaching a strong Supply Level on the Daily Timeframe which I expect to see some reaction from. I will wait for Price Action...
EURUSD Price reacted beautifully to a 4H Supply Level during Asian/London (Sept 29). It reached my target of 0.9640 for Lower TF SELLs and reacted to this strong 4H Institutional candle. I believe we are now making the final push towards completing the Higher TF pullback and then we could look into bigger SELLS. At the moment I am looking at a quick re-visit...
EURUSD: Price Blasted through 0.9600 during the first part of NY Session officially breaking structure on the 1H TF. Initially I anticipated a reaction somewhere around 0.9630-40 and a lower TF Pullback allowing to re-enter the bullish push with ideal entry at 0.9600. However price went straight to my Target 1 of 0.9750 almost immediately not giving a clear...
EURUSD made a push to the mid 0.9530s during Asian Session (Sept 28,2022), recovering nicely again to just below previous NY Lows of 0.9580s during London. At this time the 1H Timeframe was in a beautiful downtrend but giving Price Action signals of a possible break. From a Big Picture point of view, I wanted to see price make a recovery and break again above...
EURUSD has officially broken and closed below the Consolidation range (.9960-1.0012) signaling Strong Bearish momentum on the Big Picture. Having made strong push all the way down to 0.9570 (Levels not visited since November 02) I see this as a continuation of the overall move to the downside. A strong bearish candle on the previous Daily close completed a Daily...