Well since we didn't break that daily trendline I want to go bulish on one end. But on the other is the fact that bounce from 1.3747 has no confidence in being a bull... We're back where we started this 24hrs. 1.3927-36 could potentialy provide a ...

EURUSD

This sucks, we are more unsure then ever before. We have failed to break this daily trendline today, and the way it looks right now is that we are going to open above it on this next day... So if this trendline holds we should see 1.4200 and ...

EURUSD

It's gonna get thin now untill around 8pm eastern Gonna look for a short around 1.4039

EURUSD

Today isn't over, we have to close below this trendline first

EURUSD

Ok, that trade I was working on, total failure... Moving on, If 1.3878-81 doesnt stop it 1.3747 should... And if that doesn't then you win...

EURUSD

I agree also, but the thing that scares me is that we are still making red bars on H1

EURUSD

Can't close below last weeks low

EURUSD

and remember, if you don't understand current price action, zoom out and look at it from longer time frame.

EURUSD

Risk to reward kinda sucks in that case...

EURUSD

Here is a trade I'm working on in my demo account. Since this is long and against the trend I do it in demo... I'll get out at the upper trend line. All I want to say is had it closed below 1.3927 and I think we would have seen 1.3881 - still could ...

EURUSD

no you'r too late. I't time to think about covering shorts not taking new ones..

EURUSD

I saw that somewhere, good info...

EURUSD

In the mean time lets check where daily MA20 was... Note it's around 1.3981 and none of H1 bars closed above. 2 H1 bars can't close above daily MA20 which happens to be right on 1.3981 which is also a daily pivot. Two bars couldn't close above it, ...

Strictly technical

Here is a close up of the epic/or not, break of this daily trendline shown on 1min chart...

Strictly technical

Great, if it can't hold it here 1.3881 is next... hold close above 1.3927 that is on H1

EURUSD

indeed

EURUSD

Holding for a little, but it could dart all the way down... This is a demo trade...

EURUSD

If 1.3927 doesn't stop this thing for a short while 1.3878 should put a good end to it...

EURUSD

I'm running out of support numbers, lol

EURUSD

Here is an idea...

EURUSD