Good morning, fellow traders. We're closely monitoring the weekly representation of EURUSD, where the plan is to react if it breaks the weekly previous highs. However, we haven't entered any trades on the EU pair just yet. We're keeping a close eye on the liquidity levels below us. If the weekly supply zone starts to break, we may shift to a long or consolidation...
i think that its at the end of its corrective wave. And its going to test the 60 dollar range again, then it either flops again or drives to 75 to 80. And Again i don't know what i'm doing.
At this point, I have no idea where the daily will be going. A few ideas in yellow arrows, but honestly have no idea. No trade zone for me. This very well could go down to fill the CME gap, just as much as it could bounce within the next day(s) back up. Only watching daily, not using LTF's to confirm or chart right now so all ideas are total speculation from my own POV.
Pair: FX:USDCAD Bias: Small long with potential for further upside OR a retest and continuation of bear power. Let's see what the market brings.
I am betting on the bull trap and a big drop to come until we go over 5850€. As usual I dont know what i am talking about :D
i think we still uptrending!!!!!! lollllllll i know nothing btw