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Alorente replied Apr 4, 2024What have you found to be more common in the past on AB=CD, the 100% extension or the 1.618?
EURUSD only
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Alorente replied Apr 4, 2024You should post some of your harmonic example charts and patterns. It would serve us well to learn from you.
EURUSD only
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Alorente replied Apr 4, 2024Well, AtaŽs Void levels seem to work OK. He has it tagged at 1.0788.
EURUSD only
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Alorente replied Apr 4, 2024Yes. Sell seems to be the way. Two Fed governors just said the Fed may not cut rates this year. The stock market is taking a dive. EurUsd should join them.
EURUSD only
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Alorente replied Apr 4, 2024I have my TP at 1.0676 which is about 200 pips. I set the TP right on the neckline of the Head and Shoulders in case it bounces off it and doesnŽt break it. If it does break it, there is time to reenter for lower later.
EURUSD only
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Alorente replied Apr 4, 2024If the high stays around here, a 61.8 Fib retracement puts you at 1.0774. 4 pips away from the Void level target you mentioned before.
EURUSD only
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Alorente replied Apr 4, 2024The Main trendline (Green) was tested today but so far respected. You can see in the Daily and Weekly charts how important this line is. Above it = Bull Below it = Hell
EURUSD only
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Alorente replied Apr 4, 2024I like your Voids. You analize what is missing... It is very perceptive.
EURUSD only
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Alorente replied Apr 3, 2024Oh, I agree with you. One thing is what you see in the charts as being the most likely scenario and another where you put your money. I try not to argue with the market. I go where it takes me. So if it goes to 1.1000 I will be by your side... but I ...
EURUSD only
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Alorente replied Apr 3, 2024I remember you posting a chart a couple of weeks ago where you had EU dropping to the 1.06 area and below. Did you change your mind?
EURUSD only
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Alorente replied Apr 3, 2024I would be shocked if you are right. Anything can happen, of course... and you tend to be right with your predictions, but I still would be flabbergasted if EU goes to 1.10. I totally see it going to 1.06 and at some point to 1.0250 in the next ...
EURUSD only
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Alorente replied Apr 3, 2024You mean to the Blue level and then to a new low? I canŽt tell from your chart.
EURUSD only
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Alorente replied Apr 3, 2024The way I see it is now down to the Pivot at around 1.0750, maybe with the ADP or PMI news and then to 1.0835 with NFP on Friday. WeŽll see. One way or the other, EU should be down hard during April.
EURUSD only
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Alorente replied Apr 3, 2024I agree with you. So, where do you have your target for the leg up? 1.0840?
EURUSD only
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Alorente replied Apr 2, 2024EU has respected the bottom line of the expanding formation. I think we are headed for the D1 200 SMA (Pink Line) in the next 2 or 3 days. After that, it should be down again to new low.
EURUSD only
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Alorente replied Apr 1, 2024I think EU is headed again for a test of the D1 200 SMA at 1.0835
EURUSD only
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Alorente replied Mar 28, 2024Sold at 1.0816. Just a scalp for 10 pips. Closed short at 1.0809 for 7 quick pips.
EURUSD only
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Alorente replied Mar 28, 2024Closed the 3 longs at 1.0794 for a 5 pip gain. I did not like the news. Too dollar positive for me.
EURUSD only
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Alorente replied Mar 28, 2024I changed TPs on the three Longs to 1.0835 for two reasons: 1- Tomorrow being Good Friday. We may have crazy volatility in the US. 2- That is where the Daily 200 SMA is. EU had a bit of trouble breaking it In the past few days.
EURUSD only