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EURo formed the triple bottom

megajorko Publié 2 juin comme Analyse sur EUR/USD, Cible: 1.1300, Date: 3 de août, 12:00 GMT  dans #Technical analysis #USD #Eurusd #Dollar Index #EUR/USD
According to weekly chart the channel down is still in play. But on Daily it has formed a nice triple bottom (the third part is still a little questioned but after today penetration of 1.1 it seems that formation of the third bottom is a fact)
I have made some drawing on 15 minutes chart because currently the Daily and Hourly charts are not loading for some reasons.
Here the level 1.09 is a possible support zone which can be tested only if 1.095 is broken but in present conditions I doubt it.
Al…
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Return to 100

megajorko Publier 7 mai  dans #Trader's blog #Dollar Index
Hello traders and community members,
If you are following the US dollar index you saw that it reached the level 100 which means that the correction following afterwards was relatively obvious. Who won - won by shorting the USD but now everything returns back and dollar index will try to regain this level and of course sooner or later it will break it.
Tomorow is the long waited NFP and the rally will start look for bull traps
Today I tried some short EUR/USD and my biggest mistake was that I wan…
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