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- blurbear replied Mar 25, 2021
I may be wrong, but I personally do not see a strong rebound as yet. In a strong trend, supports n resistances means little. Overbought or oversold as well. Market can stay overbought/oversold longer than your account can remain solvent. Jmho,
EURUSD only
- blurbear replied Mar 25, 2021
Are the biggies sneakily hiding a running flat.? And v has quietly begun..we will know soon eur 15 min
Elliot Wave Analysis
- blurbear replied Mar 25, 2021
A bit of pos divergence intra day. Let's see will have strength to even get above 40s..
EURUSD only
- blurbear replied Mar 24, 2021
Two more trading days including today to end of week. 1.16s looks attainable if not this week, next week ..biggies then can create pattern. Weekly line chart
EURUSD only
- blurbear replied Mar 24, 2021
Two black crows on daily. Let’s have another one today...how abt 1.1760s?
EURUSD only
- blurbear replied Mar 24, 2021
Good news , cannot sustain gains = short , especially as under 200ma. jmho. Wave wise also favour short it seems. Staying short . Earlier shorts trailing stopped.
Elliot Wave Analysis
- blurbear replied Mar 24, 2021
I have shorted some 45s with stop above day high..do a contrarian trade as mkt has a funny way of surprising everyone I will short rebounds 1.1900 n above it it gets there..if not, stick with my higher shorts still.
Elliot Wave Analysis
- blurbear replied Mar 24, 2021
P.A. so anemic so far. I am wary of no bounce as seems like everybody is looking for a rebound towards 1.1900 n beyond. Been looking at the squiggles down to the 5 min time frame. Seems to me possibility exists of nestled waves extending..maybe only ...
Elliot Wave Analysis
- blurbear replied Mar 23, 2021
Good morning.. can easily be this also. Keeping an eye on it as it unfolds. Eur daily. B wave instead of zigzag can be a flat or triangle.
Elliot Wave Analysis
- blurbear replied Mar 23, 2021
everyone has their own views on where it will go and to what price. However, unfortunately, mkt does not listen to you or me or anyone. trade your plan and be responsible for your own trades.
EURUSD only
- blurbear replied Mar 23, 2021
Ignoring waves...M (bat) could end at 1.1687 (my tp). Or if biggies decides, a deeper M (crab) could end at 1.1190 on an extreme. Or any of the fibo lvls . Just my speculative anticipation of how the retracement of 1.06xx - 1.23xx could work out ...
EURUSD only
- blurbear replied Mar 23, 2021
I would count it as abc (a) abc (b) an n now ab, currently c (c). And this may complete just a bigger A down from highs. Strong rebound sequence of abcs up for B and another sequence of abcs down for C to complete the retracement from the 1.06xx to ...
EURUSD only
- blurbear replied Mar 23, 2021
If same sequence, possibility weak bounce and head straight to your 4th support zone before meaningful rebound. And within the current squiggles, lots of hidden 1-2 nestled waves..which makes a mockery of any attempt to count it.
EURUSD only
- blurbear replied Mar 23, 2021
If so would be (II)..(I) is finishing, just think possibility it may spike down first given the p.a.
EURUSD only