Congrats! ... but beware of #34 ...

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image

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Hmm... Usually the commercials are opposite to the trend, and there's still some room for them to be selling until they reach the bottom (and opposite to large speculators), where usually a reversal can take place. image You can see on the chart ...

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Still wearing my bear mask. image

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Here's the H4 chart. image

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Presently also at median line of H4 BB (20). A bounce back to retest 1.0500/520 would be expected. image The second line near 1.0380 is another boundary of that recurrent support/resistance level zone.

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Safer target indeed. In fact the support zone goes roughly between 310 and 380.

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The descending UTL comes first ... and is quite near from a weekly TF point of view. Should have some bounce down at that level ... if it doesn't come back below first towards 1.0310 - weekly SMA34.

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Ah sure, the multiple S/R level. Sort of a pivot line there.

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I only see H1 SMA34 level and 61.8% retracement on last intermediate swing high (M15 swing). image

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Pebbles either way ... image

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Yep. Was just pondering to myself anyway. Waiting for 1.0310 at the fandango zone. Brought my pillow so I can take a nap on the bearbus meanwhile.

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Michael and his bear-red pants ... video Indeed, interesting lyrics ... "It's Too High To Get Over (Yeah, Yeah) Too Low To Get Under (Yeah, Yeah) You're Stuck In The Middle (Yeah, Yeah)" (...) "You're Just A Buffet, You're A Vegetable They Eat Off ...

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video

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I do have "sailing" positions ... Everything under control. Just waiting.

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I started using FF's calendar way before I subscribed as a Forum member, about 7 years ago. At the time I was barely starting but my trading was going quite smoothly (beginner's luck ... ) and was fully dedicated to trade, read and learn here and ...

Question: why are you here on FF?

1.0518 is about the top of H4 channel which has been having already two regular upswings of about the same size, with this one being the third. image A retracement of the whole channel width would bring us back again to the fandango zone ...

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Oh but you're already in the coolest place, which makes you one of the cool kids! (so, be cool ... ) Anyhow, not every cool kid has vouchers, and not every 10V kid is cool. :nerd:

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Born and living in Venezuela, from French parents. Didn't know, but he's called lots of other similar names as well here, there and everywhere.

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... but you can speak French as well if you wish ... (please no pics of Hollande this time) ( ... *wonders what was in that bull-bear hookah* ... )

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