EU has broken down from it's latest attempt at a trend break out. Having failed to progress it is now coming back down and has just completed the week by breaking down from its first retrace after the initial drop from the top. Continuation is expected and a short position was entered at 1.1126.
İşlem aktif:
Should continue down to the 1.07 area from here.
İşlem aktif:
Expected a retrace, but it looks to be continuing to target around 1.07
Yorum:
Expecting a correction into the 50% zone before continuation down.
İşlem aktif:
Profits were taken with the dot cross on the move up, but a long was not initiated. Currently a top has not been established and it has closed well above the 50% zone. It could retrace right up to (or through) the 100% level. It could also put a wick across the 75% line and reverse. We'll find out next week.
Yorum:
Mistake above: it's the 7/8 line, not the 3/4, that needs to be confirmed as a limit here. It could easily keep going higher. Time will tell.
İşlem aktif:
Strong move up may be finished, but it has not developed a top just yet. Staying short around current price for a pullback at least to 50% of the run. CV could put more pressure on the pair over the coming couple of months.
İşlem aktif:
Waiting for a HiLo Activator short entry to develop.
İşlem aktif:
target level is around 1.1360.
İşlem aktif:
Delay of game for a retrace. I still think it will go at least for the 75% line if not the whole 100%.
İşlem aktif:
Could go either way in the short run. Will enter long if indicated otherwise I'll wait out a retrace and then go long.
İşlem aktif:
Short from 1.10. Looking to see if this support breaks.
İşlem aktif:
Short from near the high at 1.0996
İşlem aktif:
Should head lower this week.
İşlem aktif:
Short from 1.1325 on the RSD. It won't be confirmed until Mon/Tues with a lower low, but it looks pretty good so far.
İşlem aktif:
Whether or not this continues down will be up to the strength of DXY. If DXY continues to recover from its dive, EU will continue down. First stop around 1.10 and then on to somewhere around 1.06.