Eurusd/gbpusd - page 1710

 
nbtrading:
I don't think that we shall see a significant correction any time soon

Looks like it is heading to double bottom

 
eurofreek:
Looks like it is heading to double bottom

The usual games - oh well, waiting for it to settle

 

Greetings,

As long as MF protective pivot is not broken the wave down (i.e. Trend down) will proceed.

IF (or When) MF protective pivot will be broken - a new cycle will start, and we will have to go from there (with new Reference points).

Best regards,

NicoleFX

 

Last fraction of short-term position is closed 170 pp profit

 

I still think we need to see confirmation of breakout of 1.27 to get the bearish trend keep going, otherwise some rebound movement would be expected.

 

We are all waiting doe some correction for the last 4 months and it does not come

Bubble 101 but what else we can do than to take part of it

 

Long EU from 1.2716

 

Now going for the double bottom. Usual profit collecting after the storm

 
nbtrading:
Now going for the double bottom. Usual profit collecting after the storm

It looks like just another dead Friday

 
eurofreek:
It looks like just another dead Friday

Fake double bottom, stopping at daily open : yes, all the signs are there. We shall see what happens in the rest of the day, but this is hardly going to be an exciting day