Chart was 6E not EURUSD
6E showed big bear on .40/42
...great SHORT activity on .40/42 ....and then DOWN, super
BEARS activity on EUR
6E Bears in action
closed +18....now pendind sell @.0615
Trend is short
Bears all around.....no Bulls
Bulls in action....breakout .0710
Last short swing had DELTA positive and done DOUBLE BOTTOM.....this is a clear REVERSAL PATTERN. It means that many bulls took position into bearish swing.
Bullish pattern is coming
Bulls are absorbing all Bear activity....0949 on FUTURE is a good support to start a new LONG SWING
Bulls are buying hard on Future
well done
About 85% Retails are SHORT.....it's a big %. i'd like to SHORT @ .0925 for a fast SCALP
at moment BULLs are strong
with actual retail positioning it will be hard going over .0850/.0860
Perfect reaction!!!
area .08 is a shortterm support, many retails are SHORT
Many retail LONG in cluster .0910/.0920....this is a big resistence at moment, no way to go UP
