Hey hey!
So far, we're on track. Attached find the yesterday's bounce-up-break-down idea.
Now we're going to check whether we should sell (60%) or buy (40%). Why?
The double top that was mentioned yesterday had been done perfectly, now the price is at an important key support level. In my opinion, the price will reach the grey line and then bounce back - the reason it's 40% buy only is because we have had a long going up and a bit of retracement is acceptable - or which is a bit more likely is to break down these levels and go further to 1.12 rough.
I'll be updating you as soon as a trade will be placed.
Tell me what you think in a comment.
So far, we're on track. Attached find the yesterday's bounce-up-break-down idea.
Now we're going to check whether we should sell (60%) or buy (40%). Why?
The double top that was mentioned yesterday had been done perfectly, now the price is at an important key support level. In my opinion, the price will reach the grey line and then bounce back - the reason it's 40% buy only is because we have had a long going up and a bit of retracement is acceptable - or which is a bit more likely is to break down these levels and go further to 1.12 rough.
I'll be updating you as soon as a trade will be placed.
Tell me what you think in a comment.
Comment:
BOOM. Breakout happened.
Comment:
EURUSD has touched the grey line and now is going up!
Comment:
Nothing can stop it right now to reach higher. Positions are executed.
Comment:
As you can read above, the euro us dollar prediction went very well. That's all for today.
