ThePipAssassin

ThePipAssassin

Good day fellow traders, EUR/USD is in a very special place, we over the last 259 day have made a triangle on the weekly chart an currently sit on the APEX of a breakout favoring a strong dollar. One must wait for confirmation of a break out below the lower level of the triangle. The target for a move would be October 4th, 2023 low. There is potential for a...

ThePipAssassin

EUR/USD has displayed bullish characteristics over the last couple of weeks. - We have reach a high in the market @ 1.095. - This high was made after a bullish A,B,C,D pattern aka (Trend). - In bullish markets, prices tend to find support at the previous high, the previous high in this market (To me) is @ 1.085. - We currently have made a bullish pin bar...

ThePipAssassin

Based on raw price action we can see that the EUR/USD pair wants to rise as least for the week. We have several indication of a bull market. I will list the important few, for me, that is. First: We have past a previous Daily high and have broken that previous high with authority. Second: We have been in an up trend on the 4H and 1H for the past 11 days...

ThePipAssassin

One person, One trader was just different and it was W.D. Gann. I love to use his charting techniques for my long term thinking. I love reading his work and just hearing of anything he was apart of. A lot of his techniques no-one will know how to use but we can use Gann fans and boxes to an accurate degree. I believe based on my own TA we are in an uptrend. Time...

ThePipAssassin

I have called bull market since 10/3/2023. I believe we are still Strong EUR at this moment, a few things are going to happen over the course of the week. One I believe is a big retracement, followed by continuation of a Strong EUR.

ThePipAssassin

I am long term bullish, until we break the key low labeled in the chart. - The market is the only thing one should follow !

ThePipAssassin

I believe we have more reason to go Strong EUR! Price has been switching to Strong EUR since 10/03/2023. We are currently forming a triangle on the daily meaning we are going to have a weekly and monthly move ahead with a lot of power! ** This is my view, what are some of yours?** For new traders: Never assume a country will be bankrupt off a single currency...

ThePipAssassin

Good Saturday to everyone, This week was a good one for the EUR, it broke a massive trendline and currently sits right on top after making an A, B, C, and D pattern (Trend). Note that it also rejected a major zone of S&R. The same zone that started the upward trend that broke that trend line this is the first up trend EUR has made in a long time on the Daily (In...

ThePipAssassin

Alright friends, we are at the 8Hour/Daily swing high with a strong 1H reversal on the TVC:DXY favoring a Strong Dollar ! I'm watching the 1.06 level, I have closed all longs and will re-enter on a Strong EUR if price action dictates that, as for now I'm seeing a reversal favoring a Strong Dollar. If this is the case, I see us going to our trend line. Then we...

ThePipAssassin

As you can see we are at a trend line of the weekly and at a swing point on the daily. We are at a point when the market is going to choose where its going. I will be watching the strength of the dollar as it will tell the future of this pair. I am currently favoring a return to the bottom of the daily, if trend line breaks I will look for a retest of this trend...

ThePipAssassin

As you can see, we created a beautiful head and shoulders pattern, followed buy a bullish wedge. Target around 1.054/1.06 for long sell. Remind you that head and shoulders pattern prevail 80% of the time. I am currently long to targets from 1.046 and will reverse at the 1.054/1.06 levels for a swing trade off the 8 hour. In addition I bought the right shoulder...