Good afternoon, I hope all is well with you. Just checked in now. The bears might be trying now, from the resistance level. 1H, and 5M charts;
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Disliked{quote} Your story brings up an interesting point about the ever-changing nature of market expectations and the influence of central bank policies. Last year, there was a widespread belief that the Federal Reserve would implement several rate cuts, but as the economic landscape has shifted, so have the predictions. This highlights the importance of remaining adaptable and cautious when making investment decisions. As for the G7 countries, it's possible that some central banks might be more aggressive than the Fed in cutting rates, depending on their...Ignored
DislikedCould be looking at the top which makes sense at the weekly falling TL. Just looking to the right of chart for trading opportunities. {image}Ignored
DislikedCould be looking at the top which makes sense at the weekly falling TL. Just looking to the right of chart for trading opportunities. {image}Ignored
Disliked...Done with the High ! Done with the Low ! Now one step closer ! To where it will finally go ! {image}Ignored
Disliked{quote} I read that post of yours and re examined the long term charts; I disagree with your thesis that we are or could be reversing the down trend from 2008. From September 2022 we are in a sharp up retr. to increase the short and take out late short entries (like any other retr.) I don't know what technicals you look at but, IMO, at multiyear level fundamentals dictate direction and the current geopolitical situation also strongly suggests down. Every technical stuff I look at tells me 1.14 max possibly and then the end of the Euro currency and...Ignored
Disliked{quote} I haven't moved the white dashed lines and PA has done as expected, 15m H&S confirming. Imo order flow appears to be selling the LT top to make the BO topside a FO. This is likely a liquidity push for new LL's. I expect with a break of below the 1.084 zone the sellers will come in hard. It is also a dangerous level for the sellers though for if PA bounces it could confirm the bulls BO. {image}Ignored