Monthly
Here is my favourite structure: Double 3...
I see no fundamental reasons to go below 1,04613, but who am I to decide where market will go. I see no technical reasons to go down there too, but QTF allows spike down and W&R that low and make perfect Bear Trap.. COT from Tuesday shows increasing Shorts and decreasing Longs, but how much NFP influenced to this? You know what will happen when Shorts will start closing, so when this occure, I see no real obstacles up to 1,26/1,27 where is necessary level for proceeding into bigger Flat for Y. That is why I put pont A there...next important level is 1,3250 where 50% HH/LL is and so PRZ for Big Flat but this level is too hidden to me, so next, most attractive level to me, is 1,39927 peak.. everything above would be unexpected gift to me..
BUT these are my real expectations..
A month ago I published another version of twhole structure but it is not so convincing.
So, back to Top Down..
Weekly
This TF tells me nothing special..we can go into new HH (as DZZ of 1ED or maybe bF)) or we go down to establish weekly swing low and so confirm current HH @1,17129 as most likely a or maybe 1. As it is, it or looks more bullish than bearish to me, but DTF should make picture clearer.
www.tradingview.com/chart/dYK462hw/
Daily
Yesterday i published potential CT developing on DTF but now my opinion is lowering toward zero about it and here is why:
www.tradingview.com/chart/sSbQPbDv/
Fact is that lower i go with TF, more sofisticated is the situation so on DTF I have favourite structure and a Pink edition..As seen I started bullish bias and we maybe really turn up in that mentioned 18 pips... who knows?
Lower I will not go today, will wait on Monday.
www.tradingview.com/chart/eBjcTCwZ/
So much for today.. nice rest of Sunday!
Here is my favourite structure: Double 3...
I see no fundamental reasons to go below 1,04613, but who am I to decide where market will go. I see no technical reasons to go down there too, but QTF allows spike down and W&R that low and make perfect Bear Trap.. COT from Tuesday shows increasing Shorts and decreasing Longs, but how much NFP influenced to this? You know what will happen when Shorts will start closing, so when this occure, I see no real obstacles up to 1,26/1,27 where is necessary level for proceeding into bigger Flat for Y. That is why I put pont A there...next important level is 1,3250 where 50% HH/LL is and so PRZ for Big Flat but this level is too hidden to me, so next, most attractive level to me, is 1,39927 peak.. everything above would be unexpected gift to me..
BUT these are my real expectations..
A month ago I published another version of twhole structure but it is not so convincing.
So, back to Top Down..
Weekly
This TF tells me nothing special..we can go into new HH (as DZZ of 1ED or maybe bF)) or we go down to establish weekly swing low and so confirm current HH @1,17129 as most likely a or maybe 1. As it is, it or looks more bullish than bearish to me, but DTF should make picture clearer.
www.tradingview.com/chart/dYK462hw/
Daily
Yesterday i published potential CT developing on DTF but now my opinion is lowering toward zero about it and here is why:
www.tradingview.com/chart/sSbQPbDv/
Fact is that lower i go with TF, more sofisticated is the situation so on DTF I have favourite structure and a Pink edition..As seen I started bullish bias and we maybe really turn up in that mentioned 18 pips... who knows?
Lower I will not go today, will wait on Monday.
www.tradingview.com/chart/eBjcTCwZ/
So much for today.. nice rest of Sunday!
