This is a good sign for bears. For the EURO I mean.

EURUSD only

I also have 1.2206 as a bounce level on a MN chart.

EURUSD only

One side is done. Lets take the bottom now!

EURUSD only

UP or DOWN?

EURUSD only

Same rules on ANY timeframe. Lets see. image

EURUSD only

As of now only H1 close below 1.2115 will change my bias to bearish. So I'm staying with my bullish bias till 1.2245-50

EURUSD only

A close above 1.2168 will take us to a new weekly high first before running those equal lows at 1.21543 If NOT than after going below equal lows we're going for a new weekly HIGH. image

EURUSD only

EQUAL lows are always a TRAP. (same as equal highs)

EURUSD only

IMO they going to RUN both sides today.

EURUSD only

Because of NFP today, they must prepare some TRAPS before that. So they can run those stops using the news.

EURUSD only

What about a false break?

EURUSD only

Looks like we're going for the new weekly HIGH as expected. image image

EURUSD only

Looks like at first a retracement to the BUY zone and to a new HIGH.

EURUSD only

If current H1 closes wit NO wick on top then the next one should go a little above the current one and we might see a retracement down to 1 2130-45 zone. And tomorrow we should see a new weekly HIGH to a level 1.2245-50 before starting a decline. ...

EURUSD only

Looks like this current H1 will also close BULLISH.

EURUSD only

I got on D1 1.2244-72 zone.

EURUSD only

Until that happens I'll continue to buy dips.

EURUSD only

At first a close below 1.21427 on M5.

EURUSD only

As of now my bias is still bullish unless I see at least M5 level give way.

EURUSD only

I still think we'll see 1.2205-10 before this thing will start to decline. Again that is if we see a Daily close above 1.2160

EURUSD only