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RCtrader

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RCtrader last won the day on October 27 2022

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  1. Okay! This time we are going down for sure. Is it time for a U-turn? Are bulls losing steam?
  2. The price went higher and invalidated last week bearish outlook especially after red US data, however, we've got bearish divergence and an ABCD on the daily chart. See my chart below for SL and TPs. EURUSD in the Spotlight! (H4)
  3. Hi all! ECB's interest rate decision is to be released today. 🤑 https://www.tradingview.com/chart/EURUSD/s9cklokv-Bears-are-recharging-and-are-about-to-take-action-EURUSD-H4/
  4. Both the euro and the pound became quite volatile and bullish these days. But the pound reached the upper bound of the Bollinger Bands on D1 and a huge bat (harmonic pattern) was created on H1. Here is my chart, bat on gbpusd h1 ✌️
  5. It says the highest inflation rate ever, but ECB is still unmoved lol. However, what is the time frame that has been taken into account? 20 years? or 50 years?
  6. It's high time for ECB to do a rate hike. The pre-announced 25bps might be low indeed, but it's a needed first step. 🤔
  7. I believe the pound has to rebound somewhere between 100 and 200 pips. There are harmonic patterns all over the place, on pairs like eurusd, audusd and usdcad. gbpusd bullish butterfly on H1
  8. Hi! Great post! However, due to the war in Ukraine, it's hard to make predictions. Here is my chart. USDCAD 22-30 March 2022
  9. And I went long USD just on time. Bears are not finished! (H1) EURUSD
  10. You were saying that 6th of January to be the date when Russian invades Ukraine. Where did you get that date from? From what I remember, experts were saying that Russia scheduled an invasion in February. And even if they were to do that in January, it would be later than 15th of January. That is because Russians celebrate Christmas on 6, 7, and 8 of January and saint Vasile on the 14, 15 of January.
  11. Thank you so much gentlemen for both the technical and the fundamental aspects of the euro and the dollar. There is a lot of data I was already acquainted with, but it's convenient to have it reinforced. It appears the euro holds the ground in the 1.1200 - 1.1390 area. I wouldn't mind it hovering in the area for another 3 months. 😉
  12. Well, I would trade any financial instrument prior the release of the NFP, but I would not do that during the release and after it. In my opinion, it's almost like gambling. Perhaps, one could enter the market an hour after the event, if the PA has taken a direction. But again, there is a level of uncertainty.
  13. What about fundamentals? Is a strengthening of the pound possible against the dollar? Both BoE and FED increased interest rates. FED is tapering QE. Does it mean gbpusd will start ranging? Which economy is stronger at the moment?
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