Goldmine!

Price is still giving the impression that it wants to go higher...notice the support (buyers) along the teal L-MLH. Buyers have not yet been able to make higher highs. Patience to wait for a confirmed tell is key. News to come this morning as well.

All the best,

FX4
 

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Well almost everyone is still watching to see what will be next with EU. News to come this morning. Price parked at a crossroad: just below green L-MLH and at red WIF Ain't no tellin' now...gotta wait for this one p-a-t-i-e-n-t-l-y.

Take care,

FX4
 

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Hello again,

Hope your weekend is going well. The weekly chart warp-ups of the 10 pairs I follow on the blog are now available. Hope they provide a good second opinion for you.

Enjoy your day tomorrow,

FX4
 
Good Morning Traders,

EU did break some lows...finally. Now there are some more buyers at the blue trend line...see the long tail? Support at certain levels gotta go if this is to fall for real and that blue line is one of them. Market knows best :) .

Take care,

FX4Newbies
 

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Well, the bulls are still in town. Price just crossed ML of teal fork but is at that area of resistance again...and a Doji candle at that. A perfect place for whales to do their laundry. Patience and focus is key.

Have a good day...bulls and bears or just market traders :).

FX4

P.S. Price found support at teal U-MLH.
 

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Good Morning EU Traders,

Price made a higher high again. Likely areas of resistance IF it is going to turn soon:

1. The the red SH, which price is close to now.

2. The teal U-MLH, which isn't that far either.

3. The dark green L-MLH.

Of course it can blow through all three on its way to 1.5004. It has already crossed the ML on the monthly chart. Just follow price...read what it is saying.

All the best,

FX4Newbies

P.S. Planning to post the weekly wrap-ups on the blog by Saturday night.
 

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Good Monday Morning,

The UK banks are closed today, but the US banks are open. Let's see if we get some action. "Lines in the sand" are in place. Price is still officially in an uptrend.

Trade well,

FX4
 

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Here we are again. No major moves yet. This chart is H4. Found support at WL but has not cleared previous highs. Time-frames seem mixed in the messages they are sending...bullish here; bearish there....makes for chop.

Trade well,

FX4
 

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Well price went a little higher...to the ML on the Daily. Here is the usual H1. Now price action can get quite interesting as traders step up their efforts to get price to go their way from here.

All the best,

FX4
 

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Well, here we are. Price still in an uptrend but at resistance on H4 and a little room to the WL on H1. Could get a pop. If no sellers then price could keep going. A Doji on H4 now...indecision. Tell needed.

Take care,

FX4
 

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