EURUSD 6 Oct 2020 - Correction over waiting 4 a drop
Updated
Not legal and financial advice; any information provided here is only the personal opinion of the author.
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Min expectations is 1.1750 level, but imho to bet on 1.1716 more interesting.Note
The picture is clear.Trump trying his best jumping out of the pants to pump stonks and to summons Jobs from the other world. Jobs dead unfortunately. Trump just did not know.
His strategy to pump stonks till elections.
Who will buy them after elections?
Synthetic instrument eurusd also pumping by a few whales protecting their longs, but already overbought and too crowded even for the big boys.
EZ in deflation.
Gann vibrations points to 0.9 rather to 1.3
I'm not a buyer, forgive me.
Cheers!
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the only problem 65 percent of retail traders short... If they were long already we will see contrarian picture (supports not working and free fall)F. this whales algo's.
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As I already mentioned I do not buy tops and sell bottoms. I afraid that we already see the top, so buy side here restricted 4 me.Note
Trum pam pam election mode can be over in every second btw.Note
If you look at EURGBP gp you will see that most of the forex community target 0.95, but I think to target contrarian figures, for expl. extreme lower target at 0.7977 with current price 0.91 on the charts.Note
Saying this it is obvious that main damage 4 fiber will come not from buck side, but from crosses and gbp story shud be the main part of it.Note
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algo bids... but I'm not a buyer.Note
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