NEW PERSPECTIVE ON EUR USD -SHORT BAT ON LARGER SCALE -CONFLUENCE XA 0,886 AND AB 2,27-2,414 -FALLING RESISTENCE LINE ALL 3 PUT TOGETHER PREDICT GOOD OPPORTUNITY FOR GOING SHORT AT 1,145
SHOULD THE WHOLE CHANNEL KEEP THE PATERN WE WILL HEAD TOWARDS LOWS ON THE PAIR WHEN YOU PUT TO THIS RISING YIELDS ON BUND AND T-NOTE PLUS FALLING SPX500 AND NIKKEI IN SALE AREA ALL OF THEM MAKE BIGGER NEGATIVE PICTURE
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GOLD IS NOT SHARING THE HURRAY OPTIMISM AS EURUSD TODAY DID
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AUSSIE IS ALREADY PREPARING FOR DOWN LEG
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OTHER MARKET PATTERNS I REFFERED TO , SHOWN BELOW. PLEASE TAKE A LOOK
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we are at 1,1384 aproaching our short entry at area 1,1450
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we need one more push upwards -probably with opening us session -te get our sell entry
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We probably get one more spike in area of 1.145.use it as double top formation for entering or increasing short
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IF MONDAY CLOSES BELOW TODAYS LOWS IT COULD MEAN WE HAVE JUST GOT THE DOUBLE TOP AND BEGAN THE MASSIVE DOWN LEG ...
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WE ARE FINALLY SHORT FROM PLANNED POINT OF 1,145 AFTER LONG AND PATIENT WAITING !!! NOW WE WILL SEE IF THE PATTERN WORK FOR US ..
I mean, you are just 6 pips to 1.1450 , are u short right now? . Thanks a lot
Smokwawelski
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@Danidiaz1977, hi. its sell area, you cant hit exactly pip . your enter is very good, probably i will regret it but i stick to my plan. entries matter !!
Great one, I am short but a bit overexposed...are u short with now finally? or still waiting for 1.14500? it´s a bit scary a big new high movement to 1.16/1.17