IDEA - Wait or fade. Looks like a retracement is underway. I will wait on a valid setup for a short entry.
評論
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Retracement may be ending, reversal may happen today
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BIG BIG drop coming sooon :) i'll ride it down :)
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With Gold Up and DXI down, thi may continue up for two or three more days
評論
Trader_Dale
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Based on Market Profile (volumes) and Price Action there is very strong swing support at 0.7246. There was about 2 week rotation where the big players accumulated their long trades and then moved the price agressively higher. You Can see this strong trading activity even on yearly volume profile!
If the price comes back to 0.7246 I think that the agressive buyers will come again and push the price higher once more.
Here is my analysis:
TAS_is_Goliath_Capital_Growth
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@Trader_Dale, Thanks. The correlation does not match, from my view. EURAUD seems to want to go higher. If USD gains on EUR and looses on AUD and EUR gains on AUD, the math does not match.
pshm
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Short it from ?? First target ?? :)
TAS_is_Goliath_Capital_Growth
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@pshm, I look for entries on my arrow reversals and targets at my arrow ends. You need your entry rules and risk management, do you have a plan? It's important to have your rules. My rules may not fit your plan. I may have 100 pip stops and for you a 30 pip stop may be desirable. So it's hard for me to give you targets and stops. Some trade I make last two months. It is also good to have paitience.
Fibo114
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it still over bought R2 and R1 broke imo target 0,72604 (Daily Pivot)
TAS_is_Goliath_Capital_Growth
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@alihikmetharun, I wasn't triggered yesterday, maybe today
sakseeda007
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Agree mate !!!
TAS_is_Goliath_Capital_Growth
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@sakseeda007, Thanks. Have a great and profitable year
If the price comes back to 0.7246 I think that the agressive buyers will come again and push the price higher once more.
Here is my analysis: