Looking for a cycle bottom on the EURUSD 60. I have some longer term targets however let's see if this confirms and hits the blue median line. Let's see how this unfolds.
Sincerely,
TIK
Comments
moneymaking
⋅
I agree Timing, market is currently at a really good Daily support level, 1.08021. Hope to see a bullish reaction here, at least for short-term, to take this trade setup. Thanks for sharing and Good Luck!!
Timing_is_key
⋅
That's ok, I am looking for a good bounce here, it may come back to test the lower parallel again as it came in slightly early on the hourly chart ( See yellow dotts above ). In any case low risk trade as statistically it has a 90% + chance to head back to the Median Line should this be the cycle bottom.....we will have to wait and see.
moneymaking
⋅
Absolutely, better to wait and see how the market reacts!!
Timing_is_key
⋅
Hello all, for some reason ( could be my subscription level ) The Split Chart wont post so here is the static version
IvanLabrie
⋅
I had the same problem, you have to select post all charts or something like that when publishing.
I'd like a brief retracement so I can get my fill...
Timing_is_key
⋅
I will have to try that next time...thanks, May come back on a pullback to the lower parallel....we will have to see what happens