So, what did I say? Biden has a green light (blue wave) --> bad for the USD --> EURUSD will climb

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I thought a democratic senate is bad for the USD because then Biden can do whatever he wants to do (raise taxes e.g.). A republican senate will keep the USD stronger as then there would be a regulative instance.

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I am not sure yet... I watched the last minutes of the last H1 candle and the opening of the current candle "live" . In the first seconds the wick of this still bearish H1 candle pushed my favourite trend indicator from down to up again. The red ...

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Amazing, how that pair likes the pink trend line (which I have posted sooooo many times before: it's still the same): image

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Quote of the day Could not have said it better! If you see how Asia behaved tonight: image Bounced off support, tried the long entry: up to 1.232xx with room up for some wicks to 1.234xx / 1.235xx

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Bingo! Follow the red trend line... image

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This H1 candle now (opened at 19:00 GMT) will be interesting. Take a look at the last H1 (18:00 GMT) candle: it went back to that magic trend line. If we stay below that line then I might switch to bearish also in long term. image

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But it still keeps bouncing off (or following) the red inclinated trend line that you can follow down until 2nd of November... image Edit: I drew the line some weeks ago manually and it remained like this in the chart

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My personal forecast for today: if we stay inside the trend channel 1.23180 should be today's high. image

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I love when the bankers are on holiday and the algos do what they are supposed to do: image

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Don't you want to wait until Target2? So funny: 1.23465 (this is how my daughter counts...) image

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Who knows: maybe tomorrow as nice year finish? image

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Sorry for the few pips I was wrong. Hope nobody put the TP exactly to 1,23127 Anyway, did not go to the 100 but bounced off the trend level. Just a little bit too early. Anyway beautiful. Big question: was this the top? Will we see the 1.24? image

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Inclination of trend channel has changed a little bit. Collision with 1.23127 now expected with the H1 candle 16:00GMT... And if not today, then tomorrow ;-)

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Still as expected... bullish candle was the H1 10:00AM GMT image beautiful

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Bingo: needs some minor adjustments but followed as expected (last "black" H1 candle) image

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"My" H1 fibo matches with the one derived from last day's D1 candle: H1: image D1: image *************EDIT************** Take a look how beautifully the last H1 candle fits between 38.2 and 50.0 image

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Good morning! Woke up because I had a feeling... (4:50AM local time) Might go up to 1.23127 today: image *****EDIT**** With the H1 opening at 11:00AM GMT image

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there are still 4hours and 16 minutes to end the day...

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Could it have been more precise? ***********EDIT****************** Good that the algos are not on holiday Remember that I posted this some hours ago? Now take look at the wick: image

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