the dollar has been holding this area for a while. it looks as thoigh it still has room to drop, i wanna see some bull strength from this dollar. LETS GO GREEN BACK!
if your sellling this pair your in great company. critical sell zone. overall trend is still bullish
price is approaching a very sweet spot. Were approaching the 61.8 @19.004 where i would like to see some bullish edvidence. if that level is neglected i see a possible 18.460 level possibly settimg up h&S. time will tell so dont jump the gun... if your short on positions tread carfully, theres lots of dollar strength through out the market
obvious set up waiting to be nailed theres not much to be said about this one but everyone can get paid here.
two possible sets blue arrows would be my frist option but if price neglects current 50 fib level stucture will show itself a lil better. didnt really quiet go as plammed this week but i was still able to capitalize on it.
possible long setup, price seems to be ranging between the 23.6 & 38.2 on my weely fib set up. come sunday we may see a short decline due to price action. 111.055 we should get a pretty good oppurtunity to enter long.
possible 286 pip move to the upside due to resistance, not to mention a duoble bottom. no promises i woudnt risk more than 20-30 pips as a SL
due to over bought pressure in the market EurUSd could reject this resistance area and fall a potential 400+ pips setting up for a long position in the future for another 400+ pip move...
keep an eye out for good potential bearish move as we approach over bought territorry. 1000 pip oppurtunity to the downside
BIG OPPURTUNITY TO GO LONG THERES A MASSIVE AMOUNT OF PIPS TO CATCH. 20K+ PIPS. SOUNDS OUT OF THIS WORLD AND UNHEARD OF
still a potential move to the upside to 1.715 thats about 200 pips. from there i hope to see some bearish edvidenc for a 500+ pip move down to 1.66031 area