Misunderstoodd_EGL

Misunderstoodd_EGL

GU is at a crucial level..which Is a Long model for me.. We can wait for a more safe entry when we BOS above levels.. Diagram contains all concerned info.

Misunderstoodd_EGL

I've been waiting on this since last week.. A beautiful model for a Short..it gave me xxx @ around 107.419 So it's a high probability set up let's keep our eyes on it...

Misunderstoodd_EGL

Down at about 106 we believe we have early buyers who are trying to buy the 3 , 4 H time frame $$...so here's another model let's see if it's gonna play... Patience Patience Patience...

Misunderstoodd_EGL

The provided image has all the relevant information...

Misunderstoodd_EGL

@1.042 we have our clear sell model and it's been confirmed going left... But with all the uncertainty going on in the markets we have to be very cautious ⚠️... We are still on that short @ 1.042 because it's out model but we proceed with caution...and overall we are still Long because of our model at D1 time frame.. ⏲ Patience Patience Patience..

Misunderstoodd_EGL

Currently we are @1.231 for a Short Long.. And GU 'technically' is looking nice with the price action. We are closely looking @1.237 to further confirm our outlook for @1.272 and 1.277 for a short term SHORT position.

Misunderstoodd_EGL

What a time to be alive and trading.. With all the uncertainty going on in the US there's alot at play so we look very strong beyond the technical things of the markets... So here's how we are currently looking at EU and we are looking closely @1.042 for the possible short we are anticipating...

Misunderstoodd_EGL

With the dollar still looking stronger in terms of the economy.. ...the dollar inflation eased a little bit YoY and up just a fraction MoM (Dec). All eyes are on the 29th for the Rates decision. The Pound recorded a rough GDP pushing it lower against the $. We are awaiting a minor pull back as from next week if we end up eliminating 1.218. We still expect the $...

Misunderstoodd_EGL

-There is no doubt that the dollar is going strong with previous weeks data already shaping the 1st Q of 25. -In the coming week we have inflation numbers together with ppi to give us a further outlook of the economy. -We still anticipate a very strong 1st Q ending but there is more data and geopolitics ahead to give us a clear validation.

Misunderstoodd_EGL Updated 

As we can see above that EURUSD has taken a step further and broke out of the 11 year old range \flour. the break has come with a minor break and retest which we await a bigger retest as we proceed...which will then ensure our out look for @0.95356. EURUSD IS HEADING FOR AN ALL TIME LOW BEFORE THE END OF Q1 WITH OUR SPECULATIONS AND ANALYSIS.

Misunderstoodd_EGL

DXY HAS BEEN RANGE BOUND SINCE YEAR@22.. And during this time it has a couple of attempts to break out of the range and failed until APPR @16 OF DEC 25 it mananged to not only break but retest THE PREVIOUS RANGE CEILING. WHICH CURRENTLY CLEARLY INDICATES THE CLEAR INTENTIONS OF THE DXY TO GO AFTER @114 THE ALL TIME HIGH. Previously we had intentions of swinging...

Misunderstoodd_EGL

EU continues to decline towards previous current lows which we are now looking @ 1.02914 as our next target zone for a short term LONG POSITION ON EU.

Misunderstoodd_EGL

AS WE NEVER BROKE ABOVE TRAP ZONE. the market continues to decline towards our LONG target zones. first @ 1.24480 and 1.23000 where the buyers from apr 2024 are still holding long positions.. and they have their stops just below the second zone(1.23000) which makes our next target zone for a short term LONG position.......@1.21886 more interesting to look at.

Misunderstoodd_EGL

Currently the price has trapped both early sellers and buyers. We have break and retest positions and S.L at 1.28124 & 1.30475 which might attract the market to push higher to eliminate them. 1.24480 and 1.23000 which is where buyers from Apr 24 have S.L below.

Misunderstoodd_EGL

As the year ends EU proceeded to taking out year 23 buyers stop losses at 1.04431 which led way for early buyers to come in with their stop losses right under 1.03328 which is our first target zone as the market engages the early buyers. 1.02236 is Our next target zone For a Long Position as the market will engage sellers before the actual Long...

Misunderstoodd_EGL

At 1.22980 we have buyers from 2024 around March who are currently still holding Long positions and have stop losses just below 1.22980.. Currently after breaking 1.26129 we are collecting early Buyers which we must kill their stop losses just below 1.26129 together with 1.22980 to our next target zone For a Long Position at 1.21891. That's Our sentiment for...