Minor tf's shows us we are in preparation of a big move up or not?
The main problem for eur as a currency
- we have crowd on the buy side,
- we have monthly trendline at 1.0874-54,
- US equities market can switch to a bearish market day-by-day, slow diving.
- eur still can't move above key 1.0967 lvl and attack upper lvls - big problem imho.
That's all can ruin again all upside and we can easily drop another 10-20 percent down this year instead of rising.
At this stage I think we shud look on monthly TL behavior first, then take action.
For those who still short on the minor WW move within EPA/ETA 6 expectation tgt 1.0888-94.
Cheers!
The main problem for eur as a currency
- we have crowd on the buy side,
- we have monthly trendline at 1.0874-54,
- US equities market can switch to a bearish market day-by-day, slow diving.
- eur still can't move above key 1.0967 lvl and attack upper lvls - big problem imho.
That's all can ruin again all upside and we can easily drop another 10-20 percent down this year instead of rising.
At this stage I think we shud look on monthly TL behavior first, then take action.
For those who still short on the minor WW move within EPA/ETA 6 expectation tgt 1.0888-94.
Cheers!
Trade fechado: objetivo atingido:
closed at 1.0904-08. Cheers!
still can go lower, cus buy side interesting only at 1.0870-40 region
still can go lower, cus buy side interesting only at 1.0870-40 region
