EURUSD H4 RECAP - HIDDEN PRICE/RSI DIV EXPECTING A BOUNCE SOON

HEY GUYS, HOW ARE YOU TODAY?

THIS IS JUST AN INTERIM UPDATE ON EURUSD TO REFLECT UPON LATEST DEVELOPMENT IN PA.

HIDDEN PRIVE/RSI DIV IN PROGRESS ON H4 SO THIS INCREASES ODDS OF A BOUNCE.
BUT THIS IS JUST AN EXTENSION ON MY PREVIOUS POST ON EURUSD.
I STILL EXPECT EURUSD TO DUMP FROM 1055//1065, BUT FIRST THINGS FIRST.

STAGE1 - BUY INTO THAT DIP FOR A BOUNCE - I THINK WE WILL HIT 0980//0990 BEFORE BOUNCE THOGH.
TARGET FOR STAGE1 BOUNCE IS 1055//1065.

STAGE2 - SELL INTO THE BOUNCE NEAR 1055//1065 SL AS NOTED PREVIOUSLY IS 1090.
TP1 0950 AND TP2 0900.

I WILL UPDATE ONCE THE BOUNCE IS COMPLETE.

GOOD LUCK AND STAY SAFE,

ASGCORP

Comment:

120 min review. Expecting something similar to below. Cloud resistance weighing heavily at least initially
it won't let price surpass 1035//1040.

So for short-term traders (daytraders) 2 options:

1) sell into cloud rejection 1035//1040 SL 1050 TP 0985//0995
2) buy into the bounce @ support near 0985/0990 TP 1055//1065 SL 0975.

Comment:

Comment:

1035//1045 DAILY OPTIONS BARRIER TODAY, 1.6 BLN USD.

Comment:

(!!!!) IMPORTANT NOTICE: NO BUYING BEFORE THE BOUNCE.

Comment:

UPDATE ON H1: PULLBACK POSSIBLE FROM HERE.
I RECOMMEND BUYING SHALLOW DIPS TARGET NEAR 1035//1045.
BEST LOAD ZONE NEAR 1000 NOW.

Comment:

IF YOU ALREADY BOUGHT EURUSD, TARGET FOR BULLS REVISED TO 1050.

Comment:

Ok, guys, week almost done now, for EU bulls, that bought near 1000 (0990), I recommend getting out near 1050//1055. Further upside likely capped/limited.
Congrats if you made money. If you bot near 0990, you'd have +60 points with almost zero DD.

Here's my previous post in this thread:

1) sell into cloud rejection 1035//1040 SL 1050 TP 0985//0995
2) buy into the bounce @ support near 0985/0990 TP 1055//1065 SL 0975.

Trade closed: target reached:

TRADE IDEA CLOSED.