EURUSD : Anticipating the next move

Price finally begin some sign of recovery. Buyers may finally be stepping in at last. But last night has been one hell of an experience. But finally, the GREEN volume bar came just when Powell was giving a talk. Buy at the indication of buyers stepping in with SL just below. Move SL to entry once price moves up.

The next thing we need to anticipate is the potential shake-out to occur soon.

As usual, look to the volume bar on 1H time frame to see when Buyers/Sellers step in.

Good luck.

P/S : As always, do not just believe what I say. Use your common sense.

Kommentera:

We usually think there is the BULL and there is the BEAR
Both are opposing force trying to fight it out
Both trying to defend their Support/Resistance
How stupid we are. when in actual FACT both are the SAME person
Yes, The BULL and the BEAR are the same person known as the MARKET MANIPULATOR.

So when price fell below 1.0700, everyone thought the BEAR beat the BULL and SELL. That was what they want us to think. So many SOLD and guess what, price shot up only to clean them out!!!

I am still BULLISH. Just waiting for the right time/place to enter.
Good luck.

Kommentera:

Here it comes.
The BIG GREEN volume
Here is EURUSD as well as a BIG RED one in USDJPY

Kommentera:

Price is at the 'D' !!!

Kommentera:

Move SL to entry and enjoy the ride
Good luck