In a world where Gold is going crazy up. EUR/USD falling. Europe may start to have some issues. This PA is terrible. 1.16 is very strong yet no bulls in sight. still very bearish imho.

The Swamp

Morning 1.164-1.165 area will be key of course pretty obvious, the only positive sign yet for bulls we are above 1st resistance of 1.163 area now. not doing much only if we get some rally to short

The Swamp

Eur broke support for now and all stops out probably a bit of pressure after this one from New Zealand.

The Swamp

new low 645 very interesting with gold now above $4000.

The Swamp

already back above 650 now 661 - week closing above 640 for bulls I think is ok for next week I am very light, 2 more hours to have another 6h close above 650 670 1st decent R - I may test a small short back to support. tight stop

The Swamp

Bulls will come now, not sure they can take it so high. I am shorting again a rally but would love to see 1.171

The Swamp

we did it. but ....

The Swamp

oh ok I understand but ofc you are right because very low chances to get that break now especially if we take out and close below 650 So would be quite a comeback tp here at 650 for the short add, imho anything can happen even if we get below in the ...

The Swamp

I think we may break it, even go a bit lower. but weekly close will be crucial for the downtrend to continue So maybe more important is how much we can stay below 1.165 - 1h ? 4h ? 12H ? 1 day ? W?

EURUSD only

and going down, will try a fast short until 1.165 again unless we take 1.168 on 1h 15-20p

The Swamp

Third time at 1.1678 (3 consecutive hours)

The Swamp

Your blue area is exactly the problem. If I respect the correct angles and degrees, then here’s the issue It broke a trendline that touches exactly at 1.171, which I mentioned earlier. I can see the importance of 1.175, but we still haven’t had even ...

The Swamp

1.171 maybe goes with RSI 50. but very hard to have this one close with a 12H candle. It will have a lot of negative stuff near 1.169 - 1.17 - 1.171 Imho it will be very hard to break this. I may get my short back there. But for anyone 1.164 area is ...

The Swamp

12 hours looks very clear for a very important lvl like I've said at 1.165 but RSI is below 50 For this wave 1.171 at 12H is strong. I would be very surprised to get above so easy as you say. But we will see.

The Swamp

Weekly close will be important. both positions are risky from a perspective here and at the same time we have an important lvl where things are less risky it's a Paradox. That's why waiting is the easy path.

The Swamp

UJ on fire. March lvl now.

The Swamp

and that in science means waiting

The Swamp

took a bit more of my short, testing yesterday S. Don't get greedy here. 1.16 -1.165 is strong range.

The Swamp

morning, thanks France, took some shorts off, half of position left. we are testing an important lvl here also support from last week no longs for me but also not adding shorts. Have a good week

The Swamp

good point. daily still looks decent for a down day. oh well

The Swamp