Forex EUR/USD Daily Video, March 03, 2020

[Sive Morten]

Good morning,

EUR is driven by fundamental factors, and we have to increase the scale, trying to recognize patterns and make suggestion on perspective:

 

[Brett Reynolds]

I took short position at 1.1125..Stop @ 1.1165..

 

[minimax]

1.1165

This is how I see it, excpet I think current HH should hold, because I am not sure in this structure developing right now.. Could go up into bFlat before down into cFlat..

 

[soul rebel]

It looks, to me, like '222 Buy' on 30m chart at 11091. Would I be right in saying there is K support at that level from the 10951 and 11038 lows?

 

[Brett Reynolds]

Stopped out.!

 

[minimax]

Stopped out.!

Yes, problem with Flats...
I still expect (hope!) price to come to 1,1019/15..

I see 3 options to climb up to 1,172..
1st.. going up on&on&on to 1,136 and then retrace (then count would be 5 waves A wave)
2nd (my favourite) pullback to 1,1019/15
3rd deeper pullback (less probbale) and ending diagonal c wave

 

[Brett Reynolds]

Yes, Actually it was not a good trade..but 1R loss..! It's very difficult to see 'where' retrcement will start now!?

 

[Brett Reynolds]

Actually now i have seen Gold make it's move and update from Roger...i think i know where Euro' will Pullback.!

 

[minimax]

Actually now i have seen Gold make it's move and update from Roger...i think i know where Euro' will Pullback.!

I am all ears...

 

[Nik22]

It looks EURO happy after BREXIT