or 61.8% since last swing high.

EURUSD

We're breaking TL on H1 upwards. Waiting to see...if breaks - I'll go long on retest. Otherwise - short.

EURUSD

I'm in a short and my target for today (if it continues down) is around @1.2200 which is S2 level for today. That would bring us to a daily range of about 220. Any thoughts? What are yours todays targets?

EURUSD

testing S1 from the bottom side after break

EURUSD

1.2310 looks like strong resistance 1.2318 is 61.8% fibo retrace of todays move.

EURUSD

I agree, although I'm not worried about it since once they do (if they do) we'll see it on charts. The point is > ride with the strongest, whoever they might be at the moment.

EURUSD

Well, maybe you don't > it's gonna go deep enough

EURUSD

Looks like we have a double bottom on M5. We'll see if it'll break 21 EMA.

EURUSD

Well, that depends on a way you interpret it. M5 gives more clear picture for me.

EURUSD

fair enough

EURUSD

It's more like a broken wedge

EURUSD

could you tell how do you get those levels? sorry if I missed explanation somewhere.

EURUSD

As gator said already - nothing is for sure. With that being said, and having on mind that so far we got 50% fib retrace level + 21EMA bounce (on M5 chart) + S1 test from the bottom side = I would say - yes. But, it doesn't mean I would open a ...

EURUSD

Further down. After downtrend, retrace goes upwards. After uptrend, retrace is downwards. If trend is to be continued, triangles like that usually breaks in opposite direction. In this case - more down.

EURUSD

you might not see it that soon

EURUSD

M1! Just reached 100 pips + 120 todays range...

EURUSD

and now - doom is the limit

EURUSD

Trichet does not sound too optimistic

EURUSD

Looks like we're gonna have some gap downwards

EURUSD