EurUsd - The Powel of the Night

Target price tagged at 1.18.
When everybody is buying I'm here to sell.

In this idea I explained what happened to the dollar:

EurUsd - Unchained ( A story behind the chart )

The monthly chart also suggests EurUsd will take a breather before breaking the trendline.

Target is the test of 1.15 in a month.

註釋

Momentum was too strong. Dip buyers came in at 1.1750.

註釋

But it’s heading down. This is an easy bet guys the first intermediate correction of a starting bull market.

註釋

DXY opened by a gap today. When it fills EURUSD will start the multi week correction.

註釋

Let’s wait how this closes today. I know it’s frustrating to see how it rallied 100 pips from our entry. But it’s pretty hard to catch the exact top/bottom in the panic stage. The hysteria never lasts forever.
Mix a cocktail end enjoy the Last day of July , and let’s wait for the close. DXY looks good from the long side.

註釋

DXY gap is closed. Now the sellers will try to push it to new lows if they fail - I'm sure they will :) - than we reverse.
I just added to the EurUsd longs.

註釋

The daily EurUsd starting to look like a shooting star with rSI divergence.

註釋

NIce close for the shorts. Monday we might get a swing high and we are off to the races.

註釋

Yesterday we had a swing high in the eurusd and price tagged the 10 SMA and bounced:

註釋

Today the hourly
Is trying to break the 200 SMA where we bounced yesterday.

註釋

We going to close below 1.17. Recognition day is coming in the metals.

註釋

continuing divergence, MACD trying to cross.
Possible double top. NFP might trigger the top.

註釋

DXY is the same:

註釋

Slightly lower low in DXY

註釋

Now we are talking.
Thats why I don’t like to use stops at the end of a panic buying. The idiots are always trying to push it to new highs. And the banks trap them. This failed breakout was an expensive one...