The EURUSD is currently inside a symetrical triangular which is a neutral pattern. However last 3 candles look really bearish, we can expect a break out soon. So once the price breaks down the pattern, it encounters the major support at 1.15500.
Watch the price action at the support zone and follow the trend
Watch the price action at the support zone and follow the trend
Comment:
3Aug18 - The candle (2Aug) broke strongly the lower side of the triangular, time to be focus on the next moves of EURUSD near 1.1550 major support level , but do not loose your patience.
Comment:
Morning 4Aug18 - first Friday of the month - NFP and USD news pump the EURUSD up to 1.1600. Is it trying to retest the broken trendline?
Eventually, the last candlestick of the week is RED and has a long tail, which shows that bears still in control.
Again, keep waiting for Price action signals in the next following week. Do not creat any silly order when things are not clear!
Eventually, the last candlestick of the week is RED and has a long tail, which shows that bears still in control.
Again, keep waiting for Price action signals in the next following week. Do not creat any silly order when things are not clear!
Comment:
7Aug18- The candle of 6Aug is long tail bar (not a pin bar), show that price reacted strongly at the plotted support level at 1.153xx.
I dont buy at this price, instead, I am waiting to sell at the upper resistance level at 1.162xx.
A remind for me: 'keep waiting'
I dont buy at this price, instead, I am waiting to sell at the upper resistance level at 1.162xx.
A remind for me: 'keep waiting'
Comment:
11-Aug-2018
Well, the price follows exactly the pink arrows I drew in Aug 2. My entry got perfect, I am in profit! Yeahhhhhhhh, I nailed it, market is following all of my predictions.... Awesome!!!!! I am a saint.
well- "WRONG" -D.Trump-
I follow the market not in vice versa. The thinking that you are a awesome when your prediction is right once, will slap in your face in your next trade.
Well, the price follows exactly the pink arrows I drew in Aug 2. My entry got perfect, I am in profit! Yeahhhhhhhh, I nailed it, market is following all of my predictions.... Awesome!!!!! I am a saint.
well- "WRONG" -D.Trump-
I follow the market not in vice versa. The thinking that you are a awesome when your prediction is right once, will slap in your face in your next trade.