Razvan
Short

EURUSD - Does it Look bearish to you to?

FX:EURUSD   Euro Fx/U.S. Dollar
637 15 8
These are some pretty interesting bearish signals. Shooting star on H1 (several minutes before confirmation), the price hit the resistance area and a trend line and the 28 periods RSI has his a resistance zone. I would say that it is quite probable to bounce back to 1.3580, at least. Only a close above 1.3630 would change my mind now.
INDX
2 years ago
no
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Razvan INDX
2 years ago
:)) Short answer :D. Why don't you think that it looks bearish?
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INDX
2 years ago
izvini ya tebya nepravilno prochital. vse pravilno eto short
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Razvan INDX
2 years ago
I am sorry, but I do not understand your language. Still, thanks for your answer :)
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justatrader PRO Razvan
2 years ago
He say's he was wrong and agrees that its a short :)
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INDX justatrader
2 years ago
znaesh russkiy ) why? :D
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INDX
2 years ago
I'll read it wrong. everything you say is correct, it is short. but after two hours protsentraya rate goes, so I do not know for how long
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Razvan INDX
2 years ago
Thanks for the reply guys. Yes the Minimum Bid rate is nearly hear. I don't think the ECB will change it now, but i believe the volatility will raise, especially at the conference. we will see.
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krystianfx
2 years ago
and MA 100 form H1 resist:)
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krystianfx krystianfx
2 years ago
but now a see 358x only
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INDX
2 years ago
went only after shake out
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Razvan
2 years ago
It didn't close above the resistance level and fell back. Take Profit was hit :)
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krystianfx Razvan
2 years ago
but from down level are you in LONG?:)
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Razvan krystianfx
2 years ago
Now I'm waiting for another signal. The market looks a little bit messy and I would prefer to wait till tomorrow to see how it will the price action look before the Non Farm. The ADP and the Unemployment Claims were pretty good, I am very curious if NFP and the Unemployment Rate will follow... I am staying out for the moment, at least until the next good signal. I will post it on TW, and I hope I will have a more thorough analysis on what could happen after the data release by tomorrow morning on my website.
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krystianfx Razvan
2 years ago
check my idea:) if you have a time...we gonna see, good lack.
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