Banesnake

Banesnake

little triangle in a triangle. I should just watch

Banesnake

Today maybe a quiet day, who knows.

Banesnake

there is a strong selling pressure above 0.805. However, the upward trend still in play. Expect a break above 0.805 to seek liquidity before price is going down.

Banesnake

nothing change much. Same as Thu. Will keep an eye on the PA in the yellow box.

Banesnake

nothing change much, same as THU. Price move lower to 1.192 then we see the power of News and data!

Banesnake

its consolidating around 119 to 119.3 Cant guess where it will go. better follow the trend when London opens if there is any.

Banesnake

playing range between 1.136 to 1.142. Looking forward a break. What will this Friday bring to us?

Banesnake

Nothing change much. It cant break 1.58 yesterday seem we have some selling pressure above 1.58 will build up some positions around 1.58 and tp 0.236 (1.5641) or 0.382 (1.56) of course, i am looking forward stop hunt above 1.58 before going south

Banesnake

Looking for some good places to sell like 1.595 to 1.6. Or do you think it cant break 1.58 ? looking for 38,2% FIB. TP :1.555

Banesnake

We have 3 levels before EUR retrace and then go north. Overall still bullish

Banesnake

It was a good one yesterday. Sell at the top of triangle with shoulders and head pattern. Wait for a good place to sell again like 119.4 or 119.65 of course the US unemployment claim may turn the trend.

Banesnake

2 possible ways, watch US unemployment claim

Banesnake

The bullish move yesterday is explosive. Will it eventually become an explosive sell tonight? The price probably move a bit higher before a retrace.

Banesnake

It has been very bullish. Dont play counter trend before you see a real signal which we dont have now. But for those who want to sell, around 1.575 may be a good point with good RR

Banesnake

so it seem like reaching the top of triangle. Good place for bears to sell. Or will you wait for a better price to buy? lets wait for this H4 candle tell us

Banesnake

Is is a Head and shoulders pattern? let watch how price react around 1.26.

Banesnake

1.2000 a critical level to watch. Some possible ways for price to move. beware the triangle

Banesnake

watch the key area (labelled yellow) for entry.