Recent content by Remmyz2

Thanks Minimax for your question. If we have a retracement down, I don't expect it to break the 1.2754 low because that will invalidate the anticipated bullish H&S setup on weekly chart. If that low is broken, no more H&S at that point. We may talk of other patterns. At the moment, I'm still...

Thanks Sieve, I see eurusd in a longterm bullish mold already. There is a bullish divergence on weekly chart. But before we have the bullish run, I expect a bearish move to around 1.2851 without breaking 1.2754 low. This will give us a bullish and final H&S on weekly chart. If price turn around...

Bullish H&S on monthly time frame Hi Sive, thanks for your analysis. Always very helpful. In my opinion, I feel the weekly H&S is failing and is bound to fail because there is a contradictory bullish H&S on monthly time frame (the big picture). Usually, higher time frames supersede lower time...