EU has broken down from it's latest attempt at a trend break out. Having failed to progress it is now coming back down and has just completed the week by breaking down from its first retrace after the initial drop from the top. Continuation is expected and a short position was entered at 1.1126.
Giao dịch đang hoạt động:
Should continue down to the 1.07 area from here.
Giao dịch đang hoạt động:
Expected a retrace, but it looks to be continuing to target around 1.07
Bình luận:
Expecting a correction into the 50% zone before continuation down.
Giao dịch đang hoạt động:
Profits were taken with the dot cross on the move up, but a long was not initiated. Currently a top has not been established and it has closed well above the 50% zone. It could retrace right up to (or through) the 100% level. It could also put a wick across the 75% line and reverse. We'll find out next week.
Bình luận:
Mistake above: it's the 7/8 line, not the 3/4, that needs to be confirmed as a limit here. It could easily keep going higher. Time will tell.
Giao dịch đang hoạt động:
Strong move up may be finished, but it has not developed a top just yet. Staying short around current price for a pullback at least to 50% of the run. CV could put more pressure on the pair over the coming couple of months.
Giao dịch đang hoạt động:
Waiting for a HiLo Activator short entry to develop.
Giao dịch đang hoạt động:
target level is around 1.1360.
Giao dịch đang hoạt động:
Delay of game for a retrace. I still think it will go at least for the 75% line if not the whole 100%.
Giao dịch đang hoạt động:
Could go either way in the short run. Will enter long if indicated otherwise I'll wait out a retrace and then go long.
Giao dịch đang hoạt động:
Short from 1.10. Looking to see if this support breaks.
Giao dịch đang hoạt động:
Short from near the high at 1.0996
Giao dịch đang hoạt động:
Should head lower this week.
Giao dịch đang hoạt động:
Short from 1.1325 on the RSD. It won't be confirmed until Mon/Tues with a lower low, but it looks pretty good so far.
Giao dịch đang hoạt động:
Whether or not this continues down will be up to the strength of DXY. If DXY continues to recover from its dive, EU will continue down. First stop around 1.10 and then on to somewhere around 1.06.