Re: EUR/USD
1221It 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.
Re: EUR/USD
1222all 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?
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
1223You are so humble and modest Josijosi 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?
We wouldn't want you any other way 
Re: EUR/USD
1225Well, it looks like it will challenge 1.1480 yet again. I am not opening new longs before a breakout.
Re: EUR/USD
1226It 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
1227I 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
1230.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?
