Daily Forex trading with Price action strategies, pivots,fibos & supply and demand zones - Continue

Another top for EurUsd at 1.31 (third day). The oscillators are approaching the overbought zone and the feeling is that tomorrow the fall will resume…

Very silent market at the moment............... Expecting much bigger movements
 
Agree. But if we achieve 1.315X mark, I am in for shorts with Big Lots


View attachment 9593



Achieved the 1.3150.

Next we have 1.3180. If the pair broke this barrier with the valid bull cross. I am going to hold my long for a while

eurusdh4.png
 
EurUsd struggles to surpass the 61.8% of retracement of the last bearish movement 1.3243 – 1.2796. Considering the 85-days moving average in this area, I think that rising above 1.31 before Thursday will be very difficult.

Lets see what are the options we have.
I am with a long trade. But open for shorts as well if I can see a bearish sign on higher TF.
 
Bro you still hold this cable trade ?

1.55 is on the way.
My long Gbp is reinforced by the data coming from the Cot report of Friday. Yet too negative sentiment on the Cable with non commercial too unbalanced from the short side.
 
EurSek overcomes upward the resistance of 8.64, now the road is smoothed towards 8.86, where wave C = wave A.

eursek.gif
 
Back
Top