Good morning EMKioko followers,
-Its yet a new day to buy euros. Looking at the pair today i see a potential new low that has formed on the 1.07950 zone by the four hour candle,
just an hour before the guys in Berlin open their banks to the customers. I believe this will increase the demand for the Euro.
-Having spotted that i will be keen to look if price will also break the high formed by the previous H4 candle at 1.08070
-To be precise, if price touches 1.08100 ill be confident enough to start looking for buy signals with my target being 1.08700 today as usual.
-If on the other hand price goes below 1.07650 area today. my bullish sentiments will dwindle and i will wait for more confirms of the trend from the tape.
THat's what i have for now gents. Good luck & success in the markets today.
-Its yet a new day to buy euros. Looking at the pair today i see a potential new low that has formed on the 1.07950 zone by the four hour candle,
just an hour before the guys in Berlin open their banks to the customers. I believe this will increase the demand for the Euro.
-Having spotted that i will be keen to look if price will also break the high formed by the previous H4 candle at 1.08070
-To be precise, if price touches 1.08100 ill be confident enough to start looking for buy signals with my target being 1.08700 today as usual.
-If on the other hand price goes below 1.07650 area today. my bullish sentiments will dwindle and i will wait for more confirms of the trend from the tape.
THat's what i have for now gents. Good luck & success in the markets today.
Comment:
What do you think about the bearish candle formed at the touch of the trendline?
Liquidity candle maybe? A retest for trend continuation?
What do you think about the bearish candle formed at the touch of the trendline?
Liquidity candle maybe? A retest for trend continuation?
Comment:
Tell me am wrong about this
Tell me am wrong about this
Notice that..