Kumowizard

EURUSD - No lower low, no valid bearish Kumo breakout yet

FX:EURUSD   Euro Fx/U.S. Dollar
601 2 11
I don't say it is bullish , Ichimoku setup clearly has a bearish bias. I do not say buy EURUSD             . But without breaking the previous key horizontal resistance, so without a lower low, the bearish breakout is not valid.

Looking at Heikin Ashi setup, I think we may see some consolidation or pull back to 1,10-1,11 area. That would also push Ichimoku setup back to neutral

I am not involved in any EURUSD             position. For me it is still a coin toss, no real momentum . I rather start to short NAS100             with 0,5 trade unit for a short term pull back trade. I also sold small USDJPY             .
bilk29
a year ago
thank you
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fxNova
a year ago
I am trading binaries just have to say if will be higher or lower at a certain price.
I said higher by end of day at 1.0860. But already made profit will close in a minute do not have to wait for end of day. just in case set a position at lower than 1.0840 by end of day but in case does not drop back my profit already covered loss will be very small loss compared to profit. You are right about movements looks like is trading high now but may hit a top and break down.
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