You can observe, after every down wave in the past month it took 9 or more days before the next drop occurred. Today it is the 3rd day after the bottom of the last down wave. For my feeling it is too early. That would make it only to a tiny bear ...

EURUSD only

I see a possibility that the EUR will be a little bitchy... because we just finished the prior slide. I feel she need a few days more... to touch the green line. Then the next slide will be on. We have still a few August days and I feel the trigger ...

EURUSD only

You are fully right. Furthermore I noticed something over the years you will not find often in the schoolbook. The pattern act together with the 20, 51, 100 and 200 moving averages. Depend on the time frame of course. For example you have a bear ...

(binned per thread starter’s request) 29yrs Trading & Still Here

Would be good to join too. Btw, I am in the market since near the same time

(binned per thread starter’s request) 29yrs Trading & Still Here

great collection of chart patterns. However, the ones taken out of live charts are the best because they come with the natural twist and are not the synthetic schoolbook ones. I will print them out for my chart pattern pin board

(binned per thread starter’s request) 29yrs Trading & Still Here

Well are you sure? Of course it will not go further in a straight line, but it can go on in waves. Just let the relevant news sink in. Beside the War, - German Gov sees no meaningful reason to turn back on even ONE of their shut in Nuclear Reactors ...

EURUSD only

Maybe we should wave some red towels...

EURUSD only

Well, if I explain that in detail that would violate Ata's rules. But I can give you a tip -> google stock option expiry dates and there you will get showered with links. Best look in Investopedia.com

EURUSD only

Options Expiry today... so there should be plenty.

EURUSD only

Done already as you typed... but do you expect a bounce back?

EURUSD only

It should move in this way. It seems that the market was prepared (or should I say the algos?) to follow one of the simplest price action movements. If it plays out like this then we will print a double bottom. After that... will see. image

EURUSD only

yeah... as the captain said, the economy is doing good -> full rate hike ahead

EURUSD only

Well, maybe the ZEW gives us a hint. Btw... I had a chat a few days ago with one of my best friends (since decades) who is overseas in the process machinery sector told me that a number of his clients cancelled their factory expansion. Some even ...

EURUSD only

Nop, for this divergence you found the price projection is... -> DOWN. In order to go up the MACD low has to be higher - > just look in your chart at the prior swing

EURUSD only

Well, it seems we are heading to the 1.0211 spot at the upper line of the wedge.

EURUSD only

Dark Cloud Cover pattern detected! Browsing through the charts I took a second look at the EUR and found a Dark Cloud Cover pattern of the last 3 days in the daily chart. That means bearish and if it plays out I expect as target the 1.0120+- area ...

EURUSD only

I guess you have to move that vertical line down to 0.85 in your chart a little -> to the December 2022 - January 2023. That will then match with the New German Winter... and when the new government of the gas deprived Italians (because the ...

EURUSD only

Yes, parity is a strange beast. Either you stay on this or that side. Anyhow, I am on this train a while already too. Usually I am posting DXY charts. However, for this week I liked the local double top in the EUR chart so I made an exception to my ...

EURUSD only

I would be careful with too much bullish expectations. This week’s BLS and the next week CPI will set a solid tone that Powell will continue to raise rates in September at least 0.5%, and 0.75% expectation is building up. Europe is struggling on ...

EURUSD only

Richmond FED'S BARKIN just a few minutes ago tweeted that they "... will do what it takes" to get inflation back to 2%. "... will do what it takes" hey Mario, you are not alone. That cannot be good for the EUR...

EURUSD only