This is what I call a nice confluence!
EURUSD is still very bearish, either technically or fundamentally, but the yesterdays move looks like the investors try to cover their short positions. This might be an opportunity for a reversal. Let us see, whether 1.2500 level will hold or not. I have a pending buy order @1.2570. Petr
According to my previous post, I entered short and it looks like the momentum is on my side. Let see, what the market offers at the end. Petr
Looka how nice price action! Price fails to stay above 1.2950. I am ready to short it there. Petr
Look, how nicely Eur respects 61.8 and tries to push a bit higher.
For those who missed the previous nice upmove, there is a second chance to enter long. Let the US dollar remains stronger!
Add-on to my previous post.... Petr
AUDUSD back at a very important pivot level. I suppose a short with stop @0.9373. Petr
INSIDE BAR FORMING AT AN IMPORTANT DECISION LEVEL. WILL IT CONTINUE ON RALLY OR WILL IT DROP OFF HERE? I AM RATHER BEARISH HERE.
USDCAD has been testing the 100 and 200 EMA, forming a nice price action fake pattern. I am long @1.0864, first target below 1.1000, second target below 1.1200. Petr
EURUSD is after a heavy drop and is ready to retrace, imo. There is a clear consolidation, which might result in an upmove. I consider a buy at the low of the range with stop below the low. Petr
As I published in my previous post in Gold, I am long in a short term. Now the price action gives my a kind of confirmation. I suppose the price might go at least to the trendline. Petr
Even though the fundaments are speaking rather against the gold, technically there is an important level, which may the gold bounce off of higher. I am long from now with a wide stop @1240.
Being in an open profit I am waiting for the reaction @0.9270 and @0.9240. Hope the trend is a friend... :-)
As I highlighted in my previous post, Aussie is in the setup area and now it has formed a nice sign of weakness - false breakout of a wedge formation. I am short here and waiting what the market offers... Petr
Aussie is just re-testing an important level, so I am very cautious about any sign of weakness to re-join the downtrend here. Petr
I am ready to enter short at the retracement to the pivot level. Good RRR opportunity. Petr
Based on my previous post I entered long. Let us see.