EurUsd target 0.8713 .. continuation call :)

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Quote from mindtrade:

I am sitting on a USDCAD long so I hope your top call is right for at least awhile anyway :)


Good for you. :)

USDCAD current bounce is off 78.6% on daily. In any event, the April 21 low has high odds of being the bottom. I called that bottom .... (see page 1 of this thread, 12th post down from the top)
 
Re: EurUsd Top call (2nd attempt)

the same numbers from prev. post apply, i.e.

a break below 1.3144 and a 1H close below 1.3107 will confirm the top is in.
 
EurUsd @ 1.31641

4H uptrendline breaking by current bar.

If EurUsd 4H close < 1.31405 and stays below it, THE TOP IS IN.

A final top or just an intermediate top?

I don't know - because even though the straight thru' obvious uptrendline is now breaking on DAILY, there was not a single other hint on this timeframe.

:)
 
Quote from deadbroke:

A moment of silence to honor moderator, Ivanovich. :)

ET forex forum was arthritic, had no mesenteric artery, but due to Ivan, a terminal stroke was thwarted and held in abeyance.

Now, with him gone, ET's driverless forex forum's future ....



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i grew up with ivan. where are thou?
 
Quote from deadbroke:

EurUsd @ 1.31641

4H uptrendline breaking by current bar.

If EurUsd 4H close < 1.31405 and stays below it, THE TOP IS IN.

A final top or just an intermediate top?

I don't know - because even though the straight thru' obvious uptrendline is now breaking on DAILY, there was not a single other hint on this timeframe.

:)



:) :)
 
Quote from deadbroke:

Re: EurUsd Top call (2nd attempt)

the same numbers from prev. post apply, i.e.

a break below 1.3144 and a 1H close below 1.3107 will confirm the top is in.


confirmed! :)
 
Quote from mindtrade:

I am sitting on a USDCAD long so I hope your top call is right for at least awhile anyway :)

you must be doing well today as USDCAD is flying :)
 
Just 1 millimetre higher on the 4H chart and Dollar Index will gain another auxiliary engine in USDCHF.


Then we wait for USDJPY to fire north; that's worth a 13% engine contribution. DX needs this one.


:)
 
Quote from deadbroke:

Just 1 millimetre higher on the 4H chart and Dollar Index will gain another auxiliary engine in USDCHF.


Then we wait for USDJPY to fire north; that's worth a 13% engine contribution. DX needs this one.


:)


The rounding bottom on USDCHF should confirm trend reversal on 4H close > 1.0629. We wait.
 
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