EURUSD-Quo vadis?
Atualizado
Since beginnig of 2015 we clearly can see a huge sideways-tradingbox between 1,04-1,17. (the bearish flags body!)
Last week the technical Situation really looked bearish, we did break through the bottom edge of this box. Normally , such an Event can be seen as a really strong selling Signal. Everywhere you could read TPs at parity.
But the opposite happened! We saw a big bear trap, eurusd reentered the box. Now eurusd is trading in the neutral area again.
An anticyclical Long is thinkable at this Level (anticyclical longing Zone), because of the wonderful Chance-risk Ratio with a stop near below the box`s bottom edge and tps 1,09/1,17 (box-trade).
Procyclical Traders should wait till we break again through the box`s edges.
The Dollar Index:
Since 2014, we can see a big and strong upmove - a bullish flag was formed. The currency pair eurusd has a negative correlation to the Dollar Index. The last weeks, we can see, that the Dollar Index started to break out through the upside. (with Prices > 100,5). The last resistance on his way up is the Level ~ 103,8 with TP @ 111
Last week the technical Situation really looked bearish, we did break through the bottom edge of this box. Normally , such an Event can be seen as a really strong selling Signal. Everywhere you could read TPs at parity.
But the opposite happened! We saw a big bear trap, eurusd reentered the box. Now eurusd is trading in the neutral area again.
An anticyclical Long is thinkable at this Level (anticyclical longing Zone), because of the wonderful Chance-risk Ratio with a stop near below the box`s bottom edge and tps 1,09/1,17 (box-trade).
Procyclical Traders should wait till we break again through the box`s edges.
The Dollar Index:
Since 2014, we can see a big and strong upmove - a bullish flag was formed. The currency pair eurusd has a negative correlation to the Dollar Index. The last weeks, we can see, that the Dollar Index started to break out through the upside. (with Prices > 100,5). The last resistance on his way up is the Level ~ 103,8 with TP @ 111
Nota
Nota
i see a kind of bottom (a not clear and really ugly H&S -but i see a H&S :_))here is my shortterm view:
Trade fechado: objetivo atingido
oh yes! THIS was a bottom :-9 
Aviso legal
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