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Re: EUR/USD

Posted: Wed Feb 02, 2022 1:41 am
by mlawson71
It rallied past 1.1240 to 1.1270. So we have one breakout to the upside and a return within the range and another breakout to the downside and then another return within the range. :oops:

Re: EUR/USD

Posted: Wed Feb 02, 2022 1:51 am
by josi
all as it should be:
a) bias down
b) Pb to TL
c) rejection at TL
d) continuation down
e) area of strong resistance
f) rejection with possible retest of TL (weakening of downward momentum - at least for the time being)
[there was a pretty perfect rollover from down to up on H4; meaning: with enough time to get out and enough time to get in]
But what do I know?

Re: EUR/USD

Posted: Wed Feb 02, 2022 3:56 am
by BeatlemaniaSA
josi wrote: Wed Feb 02, 2022 1:51 am all as it should be:
a) bias down
b) Pb to TL
c) rejection at TL
d) continuation down
e) area of strong resistance
f) rejection with possible retest of TL (weakening of downward momentum - at least for the time being)
[there was a pretty perfect rollover from down to up on H4; meaning: with enough time to get out and enough time to get in]
But what do I know?
Image
You are so humble and modest Josi :Rofl: :Rofl: :Rofl: We wouldn't want you any other way ;)

Re: EUR/USD

Posted: Thu Feb 03, 2022 4:34 am
by mlawson71
I certainly find Josi's analyses very useful and help, so thank you for those!

Re: EUR/USD

Posted: Fri Feb 04, 2022 5:23 am
by mlawson71
Well, it looks like it will challenge 1.1480 yet again. I am not opening new longs before a breakout.

Re: EUR/USD

Posted: Wed Feb 09, 2022 2:02 am
by mlawson71
It bounced off that level yet again. This range feels endless and I am not sure what will it take to finally cause a proper breakout.

Re: EUR/USD

Posted: Tue Feb 15, 2022 12:41 am
by sebking1986
I think the price gap on the weekly could get filled before we see any really change of direction. As is often the case, when in doubt, zoom out.

Re: EUR/USD

Posted: Mon Feb 21, 2022 1:59 am
by mlawson71
Let's see whether the range will end next week though. Probably not.

Re: EUR/USD

Posted: Mon Feb 21, 2022 6:10 am
by momo3HC
I`m seeing and hearing a lot of dive expectations for this pair.

Re: EUR/USD

Posted: Mon Feb 21, 2022 6:22 am
by Intrest 1
josi wrote: Wed Feb 02, 2022 1:51 am all as it should be:
a) bias down
b) Pb to TL
c) rejection at TL
d) continuation down
e) area of strong resistance
f) rejection with possible retest of TL (weakening of downward momentum - at least for the time being)
[there was a pretty perfect rollover from down to up on H4; meaning: with enough time to get out and enough time to get in]
But what do I know?
Image
.