I hope we dont close above 1.1380. Still waiting for that weekly close below 1.13

The Swamp

This is what I was hoping for yesterday. Markets are not kind

The Swamp

I am not convinced about anything here. Overall trend still bear to me Above 1.18 and I will reconsider

The Swamp

I closed it all 1.1380. No time to watch it

The Swamp

Your 1.1367 is the bottom end of my downtrend channel. Maybe good for me to tp there

The Swamp

A hourly close below 1.1390 will help my conviction

The Swamp

My assumption here is that it takes one more low then climbs upside to the edge of the bullish wedge. Though it can do anything at any time - it does feel from PA that buyers are struggling here so may need to go low to accumulate more for an attack ...

The Swamp

This is why I am short. Break upside and I agree with you. Otherwise down to 1.1355 and hopefully beyond.

The Swamp

Yup. I see that too. I closed 3/4 at 1.1390. So the rest is free trade if stopped out Edit: I just added again

The Swamp

Short 1.1399. Looking for 1.1355 Stops above yesterday's high. My guess is it wants 1.1320 But lots of confluence in the 1.1350, need to see how it reacts

The Swamp

Long at 1.13859 Closed the micro lot short from.1.1408 for 10pips

The Swamp

I wish I traded this

The Swamp

Target still 1.14 for this pattern.. let's see if it can... I didn't trade this. It should not be traded from here. RR is terrible. If not in euro favour, I'd wait to see this close below 1.13 on weekly. It's a lot to ask but never say never I guess

The Swamp

Fake out. Looks like the 123 pattern could be playing out. Targeting 1.14

The Swamp

Be careful with your shorts. This could be breaking upwards now

The Swamp

If brexit doesnt favour euro and falls weak, can it be the fudamental push to crash is passed 1.13?

The Swamp

usually this kind of 123 pattern has this effect - but it doesn't always play out.. this is why i suggested a lower entry long.. tomorrow being a crazy news day... it can spike, hit and reverse fast - or not hit at all and just fly up..

The Swamp

Channels channels

The Swamp

Hunch says pop up to me. But until we break out of the channel... who knows

The Swamp

In a channel. Watch for breakout

The Swamp