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- Abrar1299 replied Mar 29, 2019
i think time like these are like its now or never. especially after a news market going the opposite way is a strong move if it has to go up it has to do it now or it might not be able to. Ofcourse its just an opinion.
- Abrar1299 replied Mar 29, 2019
EU going up from here would be ironic as US data that came out was green but thats exactly what it needed to move!
- Abrar1299 replied Mar 29, 2019
next 2 hrs will be very critical for EUs direction, bulls need reinforcements to break 1.1243 mark. any failure below the 1.1222 level will be bad news for the bulls
- Abrar1299 replied Mar 29, 2019
As soon as there is a bullish m15 close it will be time to go long with targets of 1.3160, 1.3216 at least before the votes.. a pullback to 1.3070 was expected lets see if it holds
- Abrar1299 replied Mar 29, 2019
i have noticed for a while now that usually dollar drops on fridays not always but usually any thoughts on why this happen?
- Abrar1299 replied Mar 29, 2019
This time EU has a very high probability of going up and flipping the bearish cycle. ofcourse it will still respect resistances but in a bullish cycle they are meant to be broken and looking at the price action its staying strong. atleast if todays ...
- Abrar1299 replied Mar 29, 2019
cable needs to hold 1.3070-80 zone for this move to be real which it looks like it is. and if the deal gets accepted by the parliament we might end up with ~1.3450+ in the following days and expecting a ~350 pip ATR for today is not that outlandish.
- Abrar1299 replied Mar 29, 2019
This is my view on the dxy
- Abrar1299 replied Mar 29, 2019
i strongly feel like we have reached the bottom of the wave from 1.1446 down to 1.1210. the dxy just had a fake breakout if the H closes below 97.10 EU could atleast have a 100 pip up move.
- Abrar1299 replied Mar 28, 2019
yet another perfect entry !
- Abrar1299 replied Mar 27, 2019
your entry price was perfect which caused 0 drawdown as well as saved your BE trade by a pip!
- Abrar1299 replied Mar 27, 2019
a 15 min close above what level will justify a potential reversal ?
- Abrar1299 replied Mar 27, 2019
ok got it thanks! it basically means a fake breakout of support/resistance inducing breakout traders to take positions and then going the opposite way with strong momentum.
- Abrar1299 replied Mar 27, 2019
Yeah but that already happend on london open it broke the daily lows and popped back inside. making a W or a double bottom pattern. On lets say a 4hr TF it broke the low of 1.1273 and if 4hr closes back inside and holds will that count as a shark ...
- Abrar1299 replied Mar 27, 2019
if the price gets back to that level wouldnt it be wanting to make new lows ? because this bounce is significant enough that the move up would have been completed from this area of support and if price were to turn it would want to gun for lower ...
- Abrar1299 replied Mar 27, 2019
The funny thing about this move is the dxy got rejected exactly at the 61.8 fib of the previous move of 95.76-97.70 and if dailys close in red for the dxy it will be really good for the EU to go up.
- Abrar1299 replied Mar 27, 2019
If this move holds above 1.1270 this could be the first higher low wave many people have been looking for with a nice W formation with the second leg lower then the first
- Abrar1299 replied Mar 20, 2019
i noticed a few minutes before fomc EU started moving up it was obvious big banks were buying euros... rode the wave till 1.1410 now in 15 minutes it might turn or go up more
- Abrar1299 replied Feb 28, 2019
dxy getting rejected on the 4h falling channel looks like this is gonna make a higher high such strong moementum. News is a very good way to manipulate price!
- Abrar1299 replied Feb 28, 2019
this time dxy needs to break a weekly trendline for the EU to go back above 1.15 which seems highly unlikely but time will tell anything is possible.