After beating my head against the desk trying to work out what is going on with this pair I can finally see we have a bear flag forming I know its a bear because there is bearish divergence on multiple timeframes and bull divergence all over the DXY I believe once price breaks out of this wedge it is going to fall so dramatically no one will be able to catch it (lol)
Let’s hope and pray been in this a long time now getting frustrated with this pair.
Feitan1986
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I don't like this pair it was a very bad week. There is no logic
I think there is leaked news or what is happening? what is the secret?
FXKing009
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@Feitan1986, Honestly I think im right about this one, its in a rising wedge pattern.. yes its a bit of a mess but thats the structure of the price.
When it breaks out next week it will fall through the earth.. If you look at DXY it fell down to hell dramatically which is why this shot up like it did
@Feitan1986, Yep, usually it's good, came out with profits the past two weeks but this week was a complete shitshow. The thing is just lost at the moment I think.
FXKing009
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@michaeldobfx, Thank god its not just me! The banks clearly made MILLIONS off us jokers the past week
sameerk2001
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SL
JohnMurphy123
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thank god
FXKing009
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@JohnMurphy123, I couldnt sleep.. I had to figure it out.. was going mad