EUR/USD Daily Video, July 23, 2018

Sive Morten

Special Consultant to the FPA
Messages
18,760
Good morning,

As EUR still stands in daily triangle, we continue to watch situation inside of it, using intraday patterns:




The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
Just more consolidation. Last weeks Bullish Bar has altered short term outlook. I have closed positions at Breakeven as market is going knowhere' for time being? A close and hold below 1.1620 on 4 hr or Daily chart would spike my interest with the 1.1450 target still in mind. o_O
 
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