EURUSD - Hit Top of the Range Market in H4 (Short)

Hello,

I am sure the EURUSD will be down, because it hit the top of the Range Market in H4. My chart was drawn from Daily, Weekly, and Monthly.
Lets I think it will be down 1.139 or 1.132 area.

1. UK will be done the Brexit at 03/29/2019 without Any Negotication with EU.
2. EU will loose one of the richest countries ==> German / French / UK ==> but UK will be out.
3. EU and UK has no good economic because they are accepting many refugees. It would be bad economic affection.

May Teresa try to deal with EU again, but she will be failed.

Also, USD will be storing.
1. Expecting Positive Meeting with USA and North Korea regarding nuclear weapon.
2. Expecting Positive Meeting with USA and China regarding about Trade Tariff.

Eventually, USD will be strong and EUR/USD will be big drop. My expectation is possible to drop 1.08 or 1.09 area.

Thanks,

Good Luck.

Comment:

Right Now, it is moved above the top of the trendline. I have no idea.. how much is going up.. But.. the candle size is loosing the bullish power... In usual, it is not bullish pattern. I think there are many buyers.. Many peoples are same overview with me. But.. some people said it will be hit 1.158 area.. I don't understand their thought what is coming from based on.
Anyway.. I am holding my sell.. Good Luck.

Comment:

Now, EURUSD is donw from the top of the trend line.

tvc-invdn-com.akamai...4bdc3f4d2a6a4e07.png

I would like to share some forecast with you.

Comment:

I am sure tomorrow NFP.. drop more!!!!

Comment:

Now, EU is in my expectation. My TP is 1.139-1.132

Comment:

I review weekly chart again. I found there were long term range market. Now, it showed some bullish mode. But the consolidation was confused because they don't know if UK will be brexit or not. But.. the VOTE's result was against Brexit.. That's why it was spike up from Range Market.. .. But May Teresa... wants keep Brexit.. Yesterday.. Makaroni who is French Presidents... hmmm.. maybe I have wrong name.. said.. Brexit with no negotiation with UK again. So.. I think If Brexit is done... It is possible to below 1.08 area. Refer Weekly Chart..

Comment:

There are still issue for bull or bear. There is no any correction yet. As you know, EU was down strongly after Brexit Vote won, Now EU was showed Strong for a while since the 2nd Brexit Vote is failed, of course including FOMC meeting with Powell Speech. But.. You look at the weekly Chart and found there was range market for long time. Forex didn't make any decision. But.. recently.. it is showed.. BULL. But.. finally, UK will be out of EU. Then.. it will be 100% bear mode.. Think about this.. Why EURUSD had been started Bearish... Why suddenly strong bullish suddenly... Also.. why suddenly pull back (GBP bad data)....Logically, you can find the answer.. Now, Brexit is so bad for both of UK and EU. I think Brexit will be disaster for a while. Also, China and North Korea will knee the front of USA finally...
That's why I am seeing it will be down. ..Tomorrow.. NFP will be positive, because I have checked old history on Feb the past 3 years... Finally, tomorrow NFP is good data for USD. I think EU will be more drop. Good luck. But.. becareful. I am not perfect anyway.

Comment:

100% completed.

Trade closed: target reached:

Hahaha... www.investing.com