now from the trend line point of view we are still above it and above the said support of 1.4156..

while we hold above it expect sideways to uptrend behavior..

Guyver

Unfortunately.. that breakout trade bias is all off as we have broken below 1.4272 support and currently midterm and immediate short term is all down as seen from the chart the long term is still holding up at 1.4156 looking for some changes here and there and waiting...

Support 1.4156
Resistance 1.4298-1.4304
&& 1.4330-1.4316( kind a confluence here )...


sidelined for now.

Guyver

I just had a nice long trade on euro netter +150 pips now i am planning to re-enter the trade as my long term about 1.4156 and short term 1.4272 is still showing long bias.. Current Plan is to buy the break of 1.4347 ( 30 TF candle must close above it ) while 1.4272 holds ( No 30 TF candle should close below it or i need to revise from this breakout trade )-- lets see.

Guyver

I was stopped out at 1.4280 for +155 pips on EURO.. Now we have dynamic resistance formed at 1.4347-4350 and expect sideways to uptrend while holding above 1.4150 ( bid ).

Better wait for retarcement further 1.4220-10 lets see.

Guyver

Guyver

EURUSD has my dynamic support pointing at 1.4286 with my current trailing at 1.4280. A retracement is due but only below 1.4286 the above (short term high at 1.4363 will be conformed ).I'll wait to buy again on dips..

USDCHF .. same story though i have no open positions yet with dynamic resistance at 1.0501 a break above will conform a short term low is formed .

-Guyver.

Guyver