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

[willforex]

I also think that these three bottoms do not represent a triple bottom, but that weekly bullish engulfing pattern must not reassure those who are short of EurUsd.

Hello Elisab,

400 pips up with the triple bottom and again going south. Tried any short ?

Will

 

[robertrfx]

Hello Robert,

Yeah, Nice wicks and EU about to going North from here. What do you think ?

I may try a small long

Alan

EU ranging at the moment and it is better to stay away for a while

 

[robertrfx]

Hello Elisab,

400 pips up with the triple bottom and again going south. Tried any short ?

Will

Tried shorts yesterday and grabbed 50 + pips. Failed to drop below 1.3050 and no clear direction at the moment

 

[robertrfx]

USD/CAD

May be a very good place to buy the par.

 

[alanrox]

USD/CAD

May be a very good place to buy the par.

View attachment 10292

Hello Robert,

Agree with you on this one .

USD/CHF also in an interesting zone.

 

[elisab]

Hello Elisab,

400 pips up with the triple bottom and again going south. Tried any short ?

Will

I’m not going short at the moment. The situation is too confused and my models keep on giving me mixed signals…better to look elsewhere.

 

[FringFX]

I’m not going short at the moment. The situation is too confused and my models keep on giving me mixed signals…better to look elsewhere.

models = EAs?

 

[elisab]

A typical continuation figure on EurNok.

 

[elisab]

The Cable reaches the 61.8% of retracement and now (1.5440) the two bullish corrective legs are equal in amplitude. Is the rise being depleted?

 

[willforex]

The Cable reaches the 61.8% of retracement and now (1.5440) the two bullish corrective legs are equal in amplitude. Is the rise being depleted?
View attachment 10365

Eliasb,

This bullish run will continue for sure. Waiting for a possible retracement to re enter.