Hello world,

here are my notes:

  • EURUSD is in congestion
  • congestion resistance = 3000
  • congestion support = 2860, but for such a strong downtrend it is no problem to break it and continue down
  • downtrend is really strong
  • but USD index is starting mixed sentiment
  • 4 hours chart and also 1 hour chart shows channel formation or triangel in rising appetite
  • we can see breakout Up, but wait and watch what market will do at 3000 or 2860
  • if market will move up, then you can go for profit at 3150

Good luck and good trading to all of you!
StuneFx

ps: I reserve the right to take position opposite of what maybe in my Notes from time to time as market conditions warrant.

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