RomanoRnr
Long

$EURUSD - RNR Trade idea

FX:EURUSD   Euro Fx/U.S. Dollar
Let the uptrend begin.
Fib spiral has been hit, stopped also right on the fib level.

Bullish bat confirms?
The Fib spiral may not be hit perfectly in this published chart (Zoom ratio)

Fib spiral credit: Kazonomics.
Patladj.
2 years ago
Have you seen the perfect bearish divergence on monthly ?
Your idea seems a little put-up. The bearish divergence is so strong on montly. I think there will be very hard move-up for the dollar still to come.
also Look at the USD/CHF when it now broke above a shifted EMA. I don't remember the exatct setup. ah.h.. Here's the link:
USDCHF - At potential long term decision point


For one thing I am certain. If the dollar continue to go higher and print a new high (respectively EURUSD print a new low), there will be havoc on the markets extreme volatility as the USD 15 year long term decision will be chellenged.
+1 Reply
Patladj.
2 years ago
BTW, another important comment from me. I also use non standart ways like google trends. Look what a significant divergence occured on April-May this year:
http://www.google.com/trends/explore#q=dollar%20collapse - represents the saturation of 15 year long fear of the dollar collapsing or replaced as a world reserve.
:)
I think this was when the gennie was left out of the bottle :) May - 1014

A speculative theory of mine:
Currently with the currency wars in development, seems like many may have to choose a winning side, and right now, from all other currencies the dollar seems like the more favoured choice for the banks and institutions.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out