coondawg71
Long

EURUSD LONG; Breakout

FX_IDC:EURUSD   Euro / U.S. Dollar
1.1583 is support, breakout towards targets of 1.1623 and 1.1637
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Vwap is possibly turning south below today's bullish (Asia session closed ever so slightly higher than its open) pitchfork Median. Bearish signal. Price is still well contained within the fib on Asia session price action.
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Careful here and don't get too ballzy. You're about to get traders whiplash.
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coondawg71 PRO QuantitativeExhaustion
That was just for yesterdays price action. Not in it. No way.
+1 Reply
coondawg71 PRO QuantitativeExhaustion
Even though yesterdays bullish pitchfork is still valid, remains unbroken.
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snapshot


Update: Jan 22 600am EST Prior to ECB statement

Euro USD has spiked upward to meet the convergence of the pitchfork Median line and the 2.0 Fib draw.
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200pm Price bounced off the Fib Zero line, bottom of Asian session trade, @ 1.1565 and may make another run for that 50 Fib, again @ 1.1583
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snapshot


Smack down, back to the pitchfork median.
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IvanLabrie PRO coondawg71
Intraday trading can be a very swift way of making money, but surely takes its toll on your nerves.
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coondawg71 PRO IvanLabrie
nerves? what nerves?! lol
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snapshot


Post 930 am US market open. Added 7.0 deviation (pink line) barrier.
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