UnknownUnicorn507926

UnknownUnicorn507926 Updated 

GU is at daily camarilla long breakout level (D-R4) but turned upp from weekly short breakout level (W-S4). Daily long breakout target at 1.31500, but maybe it will retest W-S3 or W-P. Other hand we shouldn't thing more what GU can do in this case. It can be logical if daytraders short GU till daily pivot and D-R3 area, or more lower to daily support (D-S3) to...

UnknownUnicorn507926

Yearly camarilla S3 is basically yearly support. In this case I think it can be resitance, with other factors. Here are Monthly camarilla R3 (monthly resistance) with monthly camarilla pivot too. These two levels with eachothers means a strong monthly resistance. I see here a trend channel too, where the price hit the upper side of channel. These are the reasons...

UnknownUnicorn507926 Updated 

Not yet IMO.

UnknownUnicorn507926

Megaphone pattern on EU... "Megaphone pattern usually appears at top or bottom of the market" - OK "Megaphone Pattern always appears after a strong trend" - OK Source: www.elearnmarkets.com

UnknownUnicorn507926 Updated 

I plan to hold my open short position until Thursday next week if the EU continues to fall. On Thursday I looking for right position to open a long order.

UnknownUnicorn507926 Updated 

This is very interesting situation. We can see more formation on EU chart. Expected short move target done.

UnknownUnicorn507926 Updated 

You can read more details about this formation on the internet. It have to confirm yet (B point).

UnknownUnicorn507926 Updated 

GU wasn't test monthly cR3 but now it is testing last month's close. I see two possibility. It will go more lower to monthly cS3 or finally it will go higher to monthly R4. If it happen it will just in the second half of the next month and it menas new camarilla levles.

UnknownUnicorn507926 Updated 

This is my GU long idea update. You can read about my new original GU long idea at the end of this page. GU had succesfull breakout from this channel. I expect it will retest this channel upper side but it will turn to long direction. The first target is de "E" point, but I will hold my long position at least to the "A" point of the ABCD pattern.

UnknownUnicorn507926 Updated 

If GU can breakout from this trend channel, it could 250+ pip long run coming ...

UnknownUnicorn507926 Updated 

If GU will not turn down at daily cam S3 to daily cam S5: GU long till 1.26600-1.26750 (about yesterday's close/daily CAM pivot), and there is a possible continuation to last week close (about 1.26900-1.27150)

UnknownUnicorn507926

GU is on that area where it should do correction after this "big" fall. This area is about 180 pip wide. Turn could anywhere happen.... and i can't forget about this possibility....Be carefully.

UnknownUnicorn507926 Updated 

Opportunity to open long position on GU?! I think there is a possibility on GU to go up to about 1,29200-1,29700 till the middle of next week.

UnknownUnicorn507926 Updated 

Maybe it is the time to go short on GU. Be careful!

UnknownUnicorn507926 Updated 

If we look at the high and low values of the last two days (range), we can see that they are roughly the same. The shift of the daily camarilla piovt level decreases compared to the daily High. I expect that Monday's daily CAM pivot will move toward the daily High. GU short.... Be careful this is just my guess.