EURUSD - Trends, Forecasts and Implications (Part 3) - page 487

 

and this is on H4

 
Dimka-novitsek:

On which pair?

On the euro of course)))
 

Good afternoon everyone!

Can anyone tell me why they went down sharply at the beginning of this hour.

There didn't seem to be any news...

 
Prober:

Good afternoon everyone!

Can anyone tell me why they went down sharply at the beginning of this hour.

There didn't seem to be any news...


It's about time, so here we go
 
Prober:

Good afternoon everyone!

Can anyone tell me why they went down sharply at the beginning of this hour.

There didn't seem to be any news...


because the upward move was not justified and pushed back from the upper limit of the channel
 
Vlad72:

Because the move upwards was not justified and we pushed away from the upper boundary of the channel

Thanks for the reply.

I agree about the channel, andreika wrote about it recently.

Could you elaborate on the unjustified upwards move, if you don't mind.

 
Prober:

Thanks for the reply.

I agree about the channel, andreika wrote about it recently.

Could you elaborate on the unreasonableness of the move upwards, if you don't mind.


I have not yet had an upwards signal in my TS, so I will not explain it.

 

I see two options right now:

1. We go to the overlap at 4149, draw a divert and go down.

2.We go smoothly down to the break 4021, and then we'll see

 
Vlad72:

I see two options right now:

1. We go to the overlap at 4149, draw a divert and go down.

2.We go smoothly down to the break 4021, and then we'll see

I see. Thank you.
 
Vlad72:

I see two options right now:

1. We go to the overlap at 4149, draw a divert and go down.

2.We go smoothly down to the break 4021, and then we'll see


Rather 1 option only up to 4164