Hey People,
we just saw another Huge Short going on in the EU Pair.
Now we approaching former Support Zone again.
I did the combo of DXY and EU now.
What we do see on the DXY is a Wedge sitting at its top trendline now.
According to Fibonacci Extension of last prior move, we could see a little more Upside and then back to the lows, wheren we can buy DOLLAR again and sell EURO.
THIS comes perfectly with my E/U Chart, because a little more upside for the Dollar would mean E/U to drop to the buyzone at former Support zone.
SO 2 ways to play this.
Buy E/U NOW and set SL below the former lows, OR wait for price to come to your Buyzone and enter then.
Targets at 1.13000 and 1.15000 depending on DXY. Check where it sits when you close the Profits.
Rest should be obvious according to the Charts :)
Questions, Suggestions and Ideas WELCOME :)
Have Fun!
we just saw another Huge Short going on in the EU Pair.
Now we approaching former Support Zone again.
I did the combo of DXY and EU now.
What we do see on the DXY is a Wedge sitting at its top trendline now.
According to Fibonacci Extension of last prior move, we could see a little more Upside and then back to the lows, wheren we can buy DOLLAR again and sell EURO.
THIS comes perfectly with my E/U Chart, because a little more upside for the Dollar would mean E/U to drop to the buyzone at former Support zone.
SO 2 ways to play this.
Buy E/U NOW and set SL below the former lows, OR wait for price to come to your Buyzone and enter then.
Targets at 1.13000 and 1.15000 depending on DXY. Check where it sits when you close the Profits.
Rest should be obvious according to the Charts :)
Questions, Suggestions and Ideas WELCOME :)
Have Fun!