Mostly 1/5/30min, for big picture 4h.

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1.2715 should give a bounce and new high next if this is real bull.

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Next thing is to search where bulls fail

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Last 1min spike down was huge volume....and was filled. Bulls won.

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Heh, agree. I think its closer to die right now....struggling to get lower. I will take a position after this hour close.

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Failed bull so far above 1.2703, big boys scalp

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Yup, this is just technical i based my view on. I have to change views many times in a day But its easier to see something fail and do opposite than trying to predict successfully.

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Up we go. Bear could not respond to bull power. 30min candles indicating volumes acc-distr.

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I would enter around 1.2760-80 if 1.2730 gets broken.

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Position accumulation (because of this upward movement from ~1.2658) is reducing much slower compared to volumes. That makes me think, 1) there is either a big buyer out there 2) there is going to be short squeeze (unlikely 3) some retrace before ...

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Trading is very thin with low volumes, something big is ahead...be on the right side

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Looks like about to start falling.... GU, EC and EG looking for to contribute. All are trading below 50-day MA at 5min tf....interesting.

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I really dont know, but i think at least 1.2640 and then 1.2600 is within reach. After this hour and (seems it already started while writing) even though volumes are thin, pair could slide downwards before Asia, volumes distribution is handsomely ...

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Asia will be interesting tonite, they probably will take this further down.

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Might be too ambitious target...

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No new LL at 5min tf so 1.2735 stands for key point. There will happen a big sell or break upside.

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Using volume accumulation - distribution indicator and comparing candles in respect to each other while in turnpoint areas ie using small tf stochastics/moving averages. Thats basicly what i need.

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No longs yet for me, nothing has changed volumewise, getting rounded bottom indicating still weakness.

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Now i see a buyer, this will be sold down most likely...been waiting this spike forming.

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Likely timed at NY open. There are no real buyers or sellers doing funky things. Marketplace is deserted..........

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