If we have a top at your LH a retest of your broken line is possible and then down for a LL. But, we have no confirmation (we have not taken out that swing low) and it’s still possible for a final push up to your LH and then down also.
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If we have a top at your LH a retest of your broken line is possible and then down for a LL. But, we have no confirmation (we have not taken out that swing low) and it’s still possible for a final push up to your LH and then down also.
hey guys im new, i love eurnzd, she seems to be making her pivot on the daily chart, very good time to get into a swing. thoughts guys?
Fine, the chart looks more like a mountain than a tree ...
Shorts targeting 1.6538 and maybe more.
Depending on how fast will drop, still thinking on the tp day if I should become a swap eater or cash in.
is tonight the kick-off for a big downtrend? If it is the case, I see it pretty soon under 1.716/1.706.
now @ 1.73, I don't exclude a spike to 1.7370/1.7392 before the drop.
Everything points to this. Not sure how big the downtrend will be and when. All indicators - Rsi, Stochastic, MACD, Bollinger bands seem to suggest a few more days.
now @ 1.7184
less likely, looking to sell from 7211/45, if reach
more likely I see it going to 7077
Well, we're not sure, but I'm scaling in so I can have patience and big stop losses. I agree this could make a big move, if bumpy.
now @ 1.7266
will it visit 1.7057 or better 1.6960 this week? a stay around 1.7167 will be too boring.
1.6968 is make/break level for bears.
it seems likely to me this level will be reached minimum (next week).
its the red line.
I have a bearish setup @ 6967
Will close my position there for 160 pips.
Perhaps i can buy again for a better price.
I think its time for a red candle. Maybe 2