EURUSD - Trends, Forecasts and Implications (Part 2) - page 1303
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Who cares how? I personally don't give a fuck. I personally know where and in which direction I will open trades and where I will put stops or pendants, and you guess. I know where I will open trades and where I will place stops or pending orders. You guess.
If Monday closes below 1.29 then down, if higher then up.
Only down the H4 trend has not yet received confirmation of the slowing down - so only after the failure there will be a small correction...
only downwards H4 trend has not yet been confirmed to slow down - so only after the failure will there be a small correction...
By the way, 1.2799 is the quarterly support, from it we can expect a bounce to 1.3070, if not, the target of the move is 1.2113.
By the way, 1.2799 is a quarterly support, from it we can expect a bounce to 1.3070, if not, the target for the move is 1.2113.
Exactly! From 28 I expect a pullback of 100-150 pips... Stop as usual max 50 pips...
I'm considering two possible options :
If the upper boundary of the daily waiting time BL on my picture above has time to turn to 1.2800, then it means a correction on the H4, otherwise we will jump like a locomotive without stopping, maybe with a slight deceleration to 1.2600
and what do you think of the euro pound's prospects for next week?
700p down forming a new low - essentially a move towards the lower boundary of the 4 month channel...
and what do you think of the euro pound's prospects for next week?
700p down forming a new low - essentially a move towards the lower boundary of the 4 month channel...
For the coming week on the Eurofrank, a small flat or a slight pullback is possible at the beginning but we have to watch the detailed analysis and the movement to the weekly limit of the channel levels are indicated...