[Branch closed!] EURUSD - Trends, Forecasts and Consequences (Episode 4) - page 243
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if I'm not mistaken, a week or two ago I already wrote to $63... -57$
Judging by the daily timeframe the most probable scenario is the development of the butterfly pattern with a breakdown to 1.23.
But there is one more variant of the situation, which can clarify the situation now - the break-down of the level 1.4500. It is up or break-down to 1.50, where the 61.8% descending channel edge and the 23% weekly descending channel edge are situated.
what are these assumptions based on?
intuition + technical analysis...
Confused by some technicality in both the eu and pound - clearly bounced off the high at 3pm on the 9th
Any news on the Yen, maybe the Yen will tell us something as the Yen and the Pound are very strongly correlated and if you do not mind drawing a possible forecast for the Yen
(Alpari)
I wonder if to expect 1.45000 ?
Price is supposed to go into a flat before the descent around 1.4500 to 1.4555
What do you think ?
I wonder if to expect 1.45000 ?
The price is supposed to go into a flat before descending around 1.4500 to 1.4555
What do you think?
maximum 1.4538 but judging by the current movement on the m15 we should expect only a slight decline for now
I wonder if to expect 1.45000 ?
Price is supposed to go into a flat before the descent around 1.4500 to 1.4555
What do you think ?
* 80% chance of waiting
There is an 80% chance of waiting
this is what is bad, when by self-deception traders try to prove to themselves that they have figured out how the market works (((((((
At Alpari the news cam says 2 hours from now the news will be out, i think it will show where the market is going
I wonder if to expect 1.45000 ?
Price is supposed to go into a flat before descending around 1.4500 to 1.4555
What do you think?
The short term trend is up for now. Target is 1.4563. A break down of 1.4416 cancels it. From 1.4430 I will try to buy up.