Quick Weekly Outlook I shared this chart before the latest big drop started because I was expecting a spike to 1.20 area first as chart shows but didn't happen. Is well, now we might have arrived at some zig zag pit stop area: ~1.1550... and here I ...

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Based on some observational logic I detected 1.1573 as potential bounce level on D1.... (too long to explain the reasoning) I did the same on H1 and I got 1.1551... As a result I was looking for buying signals once price drops back into this zone ...

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Price is nearing 1.1551... As planned, I am stepping down to M5 to look for the mentioned long opportunity...

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Meanwhile, on H1....

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Let's focus on EURUSD and especially charts. Thanks in advance

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Closed with +20 pips... Waiting for London action to kick in... I switch back to buying dips based on D1.. but I will be watching from H1 and M15... Happy trading day folks

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H1: Now waiting with a fresh short order as planned...

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Quick D1 Outlook From this day on forwards I am now inclined to look for long opportunities inside the yellow zone... I will try to buy as low as I can, whenever I see a dip towards or slightly below ~1.1576 area (with momentum, dips to 1.1540 are ...

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H1: next I want to see bearish pressure around the red zone... then I could try selling again... probably tomorrow after London... For now, I am calling it a day... See you tomorrow... Peace out...

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Only sellers at the moment.. M15: even here we have no base yet.. I would keep selling.. but I watch from sidelines... 1.1590 is a sell spot..

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Still watching to see a bottom base... no base structure = no buying... In these circumstances 99.99% of buyers always will regret the consequences of their actions... Same old same old...

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So, there you have it... 1.1666 successfully achieved... From here on forwards I personally will wait on sidelines! I do nothing until I see a base! Happy trading day folks

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Hold your horses bulls... Bears have a little more to do here... don't jump your guns yet... Keep selling! 1.1666 must get visited!

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H1: To keep it simple: Go bears go! (While channel is intact!)

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M5: Cup and Handle suggests there is still room for some downwards move of ~50 pips roughly... I keep selling!

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Based on D1: Coming back to see that bears never gave the chance for gap close... Is well... With current picture I want to stay with trend and keep selling until we reach ~1.1666/77 area Happy new trading week folks

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War interference pauses my bullish plans.. With new situation I focus on 1.1700! That's where bulls might kick back in.. I want to long trade the gap as low as I can... Let's see..

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H4 Monday Plan Next week, (also a brand new month), I will start by watching how and where market opens.. If it opens below 1.1830 without any gap, bulls must be careful and patient until we see a clear break above this level! I will not switch to ...

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There are thousands of things that are correlated with EURUSD but all are secondary... tertiary.. weak.. and even noise at most of times.. We decided to focus on the EURUSD chart because that matters most... and we have proven a million times that ...

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