nice hollowhead... i am long EU but a small one here... tp 1.3730... lets see...

Are support and resistance levels predetermined?

yup i am also looking at AUDNZD for a long swing trade... as far as EU goes i will only short it higher from this level... if we break 1.38 on this cycle up then its bullish imo

Oktoberfest Nightclub

agree about 1.3481 before 1.42... actually i have a target at 1.34 and another at 1.3180.. interestingly price broke 1.3685 which advocates a target to 1.3730... however Asia session didn't follow through with a higher price than NY... so it maybe ...

Oktoberfest Nightclub

imo we will break 1.37 and head higher...

Oktoberfest Nightclub

if you went long last year on T1030 - i wouldn't have thought the target is valid any longer... on any of the templates bobi gave us... baselines changing would mean all previous targets would become invalid... in answer to your point about EU ...

Are support and resistance levels predetermined?

i don't know about this eurusd short.... be careful - maybe bobi can advise what we do at a time like this in terms of immediate direction: T965 has broken upside targetting 1.3919 T680 has broken downside targetting 1.3409...

Are support and resistance levels predetermined?

so far holding but maybe tokyo will take it out... we are hanging too close to that level for it not to break EDIT: I am staying clear of this pair for now... its violated an upside move targetting 1.3920... instead will wait to swing short from ...

Spider's Den

Hi Markus... Here is what I am looking at... we are still sloping downwards.. so until a break out of the upper channel I am looking for shorting areas... previously i had a minimal target of 3731 which failed so we could go back to visit that...

Spider's Den

3620 was previous support and we gotta break that again... as i say 3684 is key to breaking upside but there are bigger gates involved in the 1.3720 through to 1.3780 area... 3650 also being a tough level... i would prefer downside like you... 3507 ...

Spider's Den

trading view shows nothing along with netdania...

Oktoberfest Nightclub

i have no gap at 3766?

Oktoberfest Nightclub

3684 is the next breakout to watch... then up into the 1.3731 which was a previously failed target on T103... so we may go back now to complete it.. of course t680 still points down to 3398... i am expecting more down than that before new bull move ...

Are support and resistance levels predetermined?

Hi T... I am back for a couple of weeks - shoot got delayed cause of some really unfortunate family crisis... nice spike on EU... I am still bearish but I would not short here... 1.3684 is key... I would prefer somewhere above 1.3730 to short... up ...

Spider's Den

I would not long this but I was hoping for a spike up to short this. For lower risk.. Looks like it's not going to happen and I've missed the boat.. But it is Friday it might be more range next week... Though I Hope not

Are support and resistance levels predetermined?

Has the target upside been cancelled at 3730? Or is it still valid?

Are support and resistance levels predetermined?

Hello eurozo.. yes the more people who get up to speed with this system the better as bobi is too busy to be active on this thread and with so many templates it's difficult to stay on top for one person. Especially for ones like me who have a crazy ...

Are support and resistance levels predetermined?

Hi hollowhead... That at was my assumption too.. That price path is already factored in during moves during monthly and annual change. That's why price closes at a certain level - that plays an important role for the next set of levels. T3 used to ...

Are support and resistance levels predetermined?

Markus do you actually sleep??

The Club!

and if we retrace... here you go... we are on a down swing with various levels of channels... i would short from one of the upper ones unless we break out upside. so we can retrace from now upwards... watch this space.

Spider's Den

yup i remember reading that one... T1800... Bobi never mentioned that the current phase we start in is void - so we should bear in mind that we are headed down to complete template 965 to 3409... though retracement can happen.. i would like to short ...

Are support and resistance levels predetermined?