FOMC raise hike to 4.75% and Powell slow down at the end of the year... but that's is Threat is Stock market crashing.. however it is rally now.. S&P500, Nasdaq Then ECB also continue to raise hike but hardly to push DXY for another rally of the day.. And NFP next..
Gonna see test 103.00 level break or fake out? we will see reentry buy in lower timeframe...
Gonna test 1.2850 zone and watch price action bounce or break this level.
Technically, this pair gonna to test 1.05 zone again since pre Covid. No sign of any bull yet... Prepare to sell to zone. if this zone broken, all hell break loose
Broken prev high... if price don't bounce back that level.. no much to say...
Don't sell this shit... More bullish is coming!!! Big institution intend to drive price back to origin way back before brexit being introduced... 2016
Good Luck to those who want to sell this shit early... strong buy squeeze coming!
Want to sell EUR, think twice again! Sellers orders start slowly down & moving sideway, mostly will wait some event to trigger fast move to downward price zone and reverse back quickly... whenever market moving slow last few days meaning something brewing behind the scene.. market need more orders, or should i say panic orders which this case retail orders...
Looking at breaking major resistant trendline or bounce back down? What do you think? Fundamental: after last year oil price , future price crashing, all price reset and FRESH HIGH VOLUME buy orders trigger back! who buying all the orders from that crash? You or institutions? And why? Oil price will sky rocket high! and majority people need to start rethink...
Is so funny to see majority of people retail traders always look for reversal in a major trending move... Price being hit critical support last year and trending till today. Now moving closer to major resistant to watch area again. Exciting to see how this play out soon!
Want to short this pair now? think twice , again! Major players are waiting for crash this pair! Think again, major player know something you guys retail didn't know... they all just want Crash to make HUGE GIGANTIC PROFIT in shortest time! If you watch the chart long enough, every buying orders always take longers time to profit.. does big player want that? my...
Based on simple S & R, I can see dollar strength is weakening and this week no movements at all even DXY is keep rally up. Somehow showing CNY is withstand strongly against the dollar strength. Something is brewing up on tomorrow NFP
Monthly- Bearish candle pullback 0.8800 zone May 2020 Support Weekly- Bull Doji reject 0.8800 zone Daily- Wait price to retest zone
Monthly- Breakout SS Retest Resistantce @ 54.00 zone Weekly- Bearish Confirmation rejection@ 54.00 Daily- Bear Confirmation
Monthly- Price rejecting prev buy zone 1800.00 Weekly- price is @ resistant, wait pullback to buy Daily- Setup Inverted H&S, Breakout & Late Retest 1802.50, then rejecting 1840.00 zone after breakout...huge wick on previous friday candle. so wait price to retest 1840.00 zone to confirm the zone before any entry.
Monthly- Doji Form, indecisive Weekly- Prev week is still bearish Daily- 89.0 - 89.50 is the key buy zone interest other then that, is just traps... Will wait price to retest back this zone first , then only decide what to do next... Patient is the key! Stay safe & trade smart!
Price being accumulating bunch of orders for days... time to break that lower trendline and shoot up next week! buckle up! tonne of trade opportunities lines up.