Forex EUR/USD Daily Video, October 16, 2018

Sive Morten

Special Consultant to the FPA
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Good morning,

despite deep upside retracement yesterday, our bearish context is still valid:



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.
 
Hi Sive ,
Something have happened very often in this market , wash and rinse in all aspects , look likes the market has been greed as never been before , in very nasty way , or we break even or get the stop loss from the not advised people , and make profit has been very tough .
 
Hi Sive ,
Something have happened very often in this market , wash and rinse in all aspects , look likes the market has been greed as never been before , in very nasty way , or we break even or get the stop loss from the not advised people , and make profit has been very tough .

Yep, Fabio
setup is OK and it is still valid, but often W&R recently makes us think about farer stop placement.
In fact, we've foreseen this spike on Gold, EUR has repeated this action. But on Gold there were technical reasons for W&R while on EUR are not.
 
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