If the daily candle stayed like this it would look nasty for the bulls, might make 1.1950 likely for tomorrow. A return above 1.1220 would look way better.

EURUSD only

Just to point 4 - what Lagarde meant was that the ECB will not follow suit in hiking rates when the FED lifts off. It is an attempt to make the ECB sound more dovish than the FED but that can hardly be new/unexpected information. I don‘t think that ...

EURUSD only

It is a massive inverted triangle (megaphone), let's see in which direction it breaks out. Usually it is a continuation pattern.

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*LAGARDE: ECB POLICY WON'T MOVE IN TANDEM WITH FED'S Think 1.2015 will provide support

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But we already retested 1.20 yesterday. How many retests do you expect?

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Ok thanks, bold forecast that upon a bullish channel breach you expect a reversal, but on the other hand fake breakouts are frequent, so you might be right. But I would still favor a consolitation between 1.208 and 1.218.

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Yes thanks, channel is clear. Now I see where your 1.2169 comes from. But if the price were to break the channel and go to your horizontal resistance at 1.2169 then the previous channel resistance should act as support slightly above 1.21. So I ...

EURUSD only

Yes that‘s how you said it. I was just confused by your new forecast that upon breaching 1.2068 the price will reach 1.2120 area and go down to 1.2080 therafter. So if the previous scenario is also still valid it would mean that after 1.2080 you ...

EURUSD only

From 1.2120 area o ly to 1.2080? What happened to the good bye kiss?

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I expect 1.2018 to hold, the downward sloping support looks strong there

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Admirable how you trade both sides at the same time! But yes, if the correlation of your strategies over different time frames is low then diversification works wonders in terms of sharpe or Rt/DD. Do you backtest your strategies or do you extract ...

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Last 15 hours look like cup & handle.

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Haha, this is how I feel when Ata heralds the bearish rinse and repeat mode. Next time it is announced I probably vomit all my longs to the market immediately. And by now lots of lots have accumulated again... ...

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May i ask which wedge you are showing here? (Could you show the full one please?)

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Please go ahead

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Let's see if it goes up and if yes please tell us later why you were so confident to buy...

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After the 1.17 lows there were, however, two convoluted falling wedges which I traded and which worked well. But of course wedges on a higher time frame have more significance.

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The wedge I posted failed again, this one is still possible, however. If this failes again, I give up with these intraday wedges... Normally they had a good hit ratio.

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I dare to say that this looks like a bullish setup. Falling wedge landing on former resistance which became support, shown on H2 below.

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Maybe now falling wedge on H2

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