I'm not a forex trader but I found this interesting.
I think a top around ~120 is interesting because it's the 2001 top.
The chart says everything else.
I think a top around ~120 is interesting because it's the 2001 top.
The chart says everything else.
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The paths are just random paths to demonstrate levels btw. Timings will likely be completely different.
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EUR/USD
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Ltf. I'd say bait what dp I know? :D I'm a crypto trader.
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Faking both up and down? And they say crypto is hard :D
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What do you do when a wedge is broken to the wrong side? You redraw it :D
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Jebait was the jebait? :D
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When a whole move can fit in a single wedge, it's hard to be wrong.
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euro is bullish wooow. weekly looks like an accumulation right now. very interesting.
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Do I believe it? No. But whatever the chart says. We have to wait for the weekly close.
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What a disgusting PA. OMG
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I have friends who say "you should trade forex. better pa etc." i'll keep saying "no, thanks" :D
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very bullish outlook on dxy ltf
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Idk what the hell is dxy doing on this frame really. Is it just a painful launch or weakness? I'd choose the former but really hard to say.
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You know what? I think this is a good thing. Euro just needs to consolidate around here. As far as I can see everyone is bearish on Euro and I think they are right fundamentally. But you know., you never know :D
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Now it makes sense i guess.
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I think Euro might be bullish actually. Is this looking like a top anymore? I mean maybe, but looks more like bullish consolidation to me.
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Make it or break it.
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Interesting.
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DXY is bullish. A key horizontal is broken. Bearish momentum faded slowly. It's like someone stepped on the brake.
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what the hell is going on here :D This should come back to the range. It looks ridiculous.
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Interesting PA before Powell speech. Is he going to shatter the dreams again?
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No shot DXY finds support here, right? Looked like an insignificant level to me yeah.
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Only EUR/USD makes me think. This one might be really bullish.
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It's an impulsive move for sure. Maybe it's going for an Eiffel Tower. But thats too crazy right now. Let's see if 0.5 correction will be a support.