Interesting this happening with the EUR. Seems like a long term uptrend breakdown

EUR GBP AUD
GOLD
ZN ZB
BUND BTP ...

UP it goes to the moon and beyond.



upload_2023-12-2_8-19-53.jpeg
 
And against the Dollar not looking so good either (think I posted this resistance zone in another FX topic previously?)
View attachment 328666
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Eur/Usd futures - Daily again

All that resistance looks a bit daunting, but my main swinging strategy says to buy above the high of the current candle. If price moves back up to the resistance, half will come off and the rest will be trailed and it may work out okay.

chart for ET 12-1-23_400.png
 
.

Eur/Usd futures - Daily again

All that resistance looks a bit daunting, but my main swinging strategy says to buy above the high of the current candle. If price moves back up to the resistance, half will come off and the rest will be trailed and it may work out okay.

View attachment 328676
:thumbsup:
I use close above high - of the lowest close bar in downtrend, and vice versa close below low - of highest close bar in uptrend for reversal entries.

Though not in anyway MA related.
 
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