We have left the uptrend-channel and reached both TPs of my in my former view illustrated bearish H&S. As Long as we are trading below that trend, the momentum is bearish. Further downwaves can be exspected. Breaking through todays low means aiming the next Support @1.1155 Although theultrashortterm is bearish, the RSI signs a weak buying-signal or oversold Situation. 1.1230 is the Level to watch! Only above that Level, the momentum turns again bullish.
we are now trading near tp 2 , the max tp of the h&s - this is the next action point..here is also based the downtrends bottom which should be temporarily supportive
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sometimes it feels so easy.....
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what a day... corrective tp reached
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the holy fibo 61,8 stopped the show..
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built new "3" adjusted overview:
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it looks like a bearish h&s
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EASYCHUA99
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Hi Mary ,
What you think of wall street will be recover back to 18520 ?
then EURUSD) will also recove
dobinhminh28
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So do you think that EU will go up from this level?
hisham101010
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Thanks for sharing,, is it good now to sell ??
The_Cannalyst
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hi, yeds, when breaking through todays low, the next SHORTTERM shortsignal appears
What you think of wall street will be recover back to 18520 ?
then EURUSD) will also recove