we had a big retracing week with which weve taken a lot of liquidity out that was left along the way up.
theres still one daily low i believe will be taken out on monday together with last week's low, before we then continue the upwards trend. after hearing powell's speech on friday i believe EU is ready to rally up again.
the W D and H4 have all closed with a beautiful rejection wick and that to me indicates that theres buying interest at this level and is probably going to be held.
like i said i belive monday will be a short day taking out the lows and going up again.
theres NFP and unemployment rate this week for the US and should they be more negative than expected will be a strong sign to keep buying this pair for next few days too.
wish everyone a great week and stay strong in the markets!!!
theres still one daily low i believe will be taken out on monday together with last week's low, before we then continue the upwards trend. after hearing powell's speech on friday i believe EU is ready to rally up again.
the W D and H4 have all closed with a beautiful rejection wick and that to me indicates that theres buying interest at this level and is probably going to be held.
like i said i belive monday will be a short day taking out the lows and going up again.
theres NFP and unemployment rate this week for the US and should they be more negative than expected will be a strong sign to keep buying this pair for next few days too.
wish everyone a great week and stay strong in the markets!!!