EURUSD Both Sides

9 maj 2020

If you want to play devil's advocate, here are both sides of the market i'm looking at for next week. EURUSD has been a bit tricky lately and it could easily continue down this week, however, i'm leaning towards the upside due to its strength in this reversal. I don't like how the H4 looks with that recent close, but the dollar index looks very bearish and heavy. I would like to see this week continue what the end of last week started, with seeing the euro take out that major high and show some life at the bottom, right now there is a >50% probability that EURUSD continues up. If that trend breaks to what the blue lines are showing, it then shifts to a <50% probability that EURUSD continues up.

11 maj 2020

Uwaga

just because i never included this scenario, there may be a good chance that it happens. Watch for possibility of upside still on EU.

11 maj 2020

Uwaga

Down we go

12 maj 2020

Uwaga

Price looks like it may be interested in breaking up. We'll have to see what happens around the eco release at 8:30 EST today

12 maj 2020

Uwaga

There's our move up :)

12 maj 2020

Uwaga

now be careful of reversal here. If EU breaks that trend we could see an attempt to move much lower. With running last Friday's high, this would be an opportune time to reverse.

12 maj 2020

Uwaga

EU Breaking down. Sell Side is gaining strength, careful out there.

13 maj 2020

Uwaga

13 maj 2020

Uwaga

damnnn I never noticed the ascending wedge!! This is the only pattern i actually trust lol