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- Austyno replied Mar 7, 2024
There are various reasons why price should drop to that zone but i will try and keep it short. 1. We broke out of a rising wedge and yesterday price went to retest it as resistance. 2. We kissed monthly first resistance which also coincides with ...
- Austyno replied Feb 26, 2024
We are currently trading outside a rising wedge on 4hrs which broke down. A drop is coming. Bulls beware
- Austyno replied Sep 14, 2023
I booked my short here at 1.06641 I will Re enter again at 1.07771
- Austyno replied Sep 12, 2023
It's time to drop this pair like a rock. We shouldn't have more than three bullish days in a row in a downtrend based on my system. My target for tomorrow(Wednesday) is 1.06800.
- Austyno replied Aug 23, 2023
join the recent highs on 1hr and also look at the nature of candle on daily. Bears have upper hand which means that anything from open price and above is resistance because today should close bearish We also have a supply that formed on 15 mins. ...
- Austyno replied Aug 23, 2023
It was too fast, couldn't post entry. Oops
- Austyno replied Aug 7, 2023
Greetings traders, My bias for the week still remains bearish despite what NFP did on Friday, We should have a bearish engulfing candle today to confirm the move down. My sell trade from Friday is still running with a target of 1.08882 Looking at ...
- Austyno replied Jun 21, 2023
My bias for today is bullish Reason being that 1. We should not have more than 3 bearish days in a row when my trend indicator says 'Buy the dip'. 2. We currently have a demand on 4hrs and a candle that took out the highs and lows of the previous ...
- Austyno replied Mar 22, 2023
I totally agree with you, if you notice, we have an expanding triangle on daily. Join the last three visible lows on daily around 1.053xx zone to get the picture. We are looking at a drop to 1.05100 area.
- Austyno replied Mar 15, 2023
We could have the effect from last month's bearish engulfing candle kicking in and sell offs begin till end of month. Ist image= Bigger picture 2nd image= zoomed in
- Austyno replied Mar 15, 2023
I'm currently away from my system, manage the phone version
- Austyno replied Feb 10, 2023
Geetings everyone. Based on recent price moves, I expect a steep heavy drop today to the lower band of the channel below around 1.05800-1.05770
- Austyno replied Feb 6, 2023
OK, first and foremost, on monthly time-frame, bulls have the upper hand because the took out the high of last month. Price is currently very close to monthly pivot which is the first buy signal on my system on a monthly basis. On daily we have the ...
- Austyno replied Jan 23, 2023
Just something to keep in mind We could start experiencing some serious bear pressure from tomorrow if today closes bearish because we have actually hit a support turned resistance on monthly... Plus the market is getting ready for a 25bps hike by ...
- Austyno replied Jan 20, 2023
OK, just keep this in mind, a massive move will only occur if we have a 4hr candle close below the lower band of the trend line
- Austyno replied Jan 17, 2023
First post of the year , Happy new year y'all. Target is 1.09200
- Austyno replied Dec 13, 2022
A Graphical representation of what i am saying
- Austyno replied Dec 10, 2022
This week we are entering is highly significant for the major trend shift. Its either a bounce or break. take a look at the weekly chart. P.S i still favour the bulls but i keep in mind that Bears are lurking in the shadows
- Austyno replied Dec 6, 2022
Buy limit edited to 1.03350. If the current 4hr candle closes below the trendline, we will drop fast to the next support @ 1.033500
- Austyno replied Dec 4, 2022
A broader view of what's happening on a much larger scale Attached below are yearly pivot levels which helps explain why we have this strong bullish move. we had reached yearly support 3 indicating, there isn't anymore room down. Nearest resistance ...