Update: the support is not as strong as i expected, but i still see a good chance that the price will make it back to daily open, then sell is a good opportunity to me even if BB and MA will cross. Just my point of view in learning phase.. so.. ...

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Good morning traders, at first it looks like price wants to go down, personally i wanted to jump short... but from my experience the first belief is mostly wrong, the stronger the belief is.. so.. If the price keeps "bumping" bellow daily open, ...

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I have closed it, does not look very convincing to me anymore, i do expect some up move, but not entering right now.

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Thanks for your explanation, its hard to follow all the methods anyone use here. I can share my view too. Yesterdays downmove was pretty strong, refuse of the 61 fibo was not too strong, usually price retrace just a bit and then continues in this ...

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I guess i am like this by nature, it may look unfriendly from other side i admit, i dont hear it for the first time.

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Fair enough, i personally use Fibo levels, but one thing i should point to. There is not only one way fibo can be explained, nor any other indicator etc..

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Dude, why do you suppose that we understand the image you just shared ? I have no idea what to look for there.

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image

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SL hit

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Buy at 1.1227 SL 1.1204 TP 1.1311

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Profit taken and all long positions closed for now, i think i am sideways for rest of the day.

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buy at 1.12470 sl 1.12345 tp 1.12870

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And is that original HNS pattern still valid ? I mean, it made another shoulder and did not break down.

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One more down move to wipe the stoplosses from 1.10440 to 1,10200.

EURUSD only

Did you close some ? Seems going back.

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This was manual entry.

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Got this bit lucky entry, was expecting revers, but not so quick, was meant to be just first of more entries to come if the zone becomes valid.

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UJ will try to break up now i think

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Is there going to be JPY bull run ? (means - JPY pairs going down) Oil also looks ready to fall

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That GU is fighting with daily open too.

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