EurUsd - The Powel of the Night

Target price tagged at 1.18.
When everybody is buying I'm here to sell.

In this idea I explained what happened to the dollar:

The monthly chart also suggests EurUsd will take a breather before breaking the trendline.

Target is the test of 1.15 in a month.

Komen:

Momentum was too strong. Dip buyers came in at 1.1750.

Komen:

But it’s heading down. This is an easy bet guys the first intermediate correction of a starting bull market.

Komen:

DXY opened by a gap today. When it fills EURUSD will start the multi week correction.

Komen:

Let’s wait how this closes today. I know it’s frustrating to see how it rallied 100 pips from our entry. But it’s pretty hard to catch the exact top/bottom in the panic stage. The hysteria never lasts forever.
Mix a cocktail end enjoy the Last day of July , and let’s wait for the close. DXY looks good from the long side.

Komen:

DXY gap is closed. Now the sellers will try to push it to new lows if they fail - I'm sure they will :) - than we reverse.
I just added to the EurUsd longs.

Komen:

The daily EurUsd starting to look like a shooting star with rSI divergence.

Komen:

NIce close for the shorts. Monday we might get a swing high and we are off to the races.

Komen:

Yesterday we had a swing high in the eurusd and price tagged the 10 SMA and bounced:

Komen:

Today the hourly
Is trying to break the 200 SMA where we bounced yesterday.

Komen:

We going to close below 1.17. Recognition day is coming in the metals.

Komen:

continuing divergence, MACD trying to cross.
Possible double top. NFP might trigger the top.

Komen:

DXY is the same:

Komen:

Slightly lower low in DXY

Komen:

Now we are talking.
Thats why I don’t like to use stops at the end of a panic buying. The idiots are always trying to push it to new highs. And the banks trap them. This failed breakout was an expensive one...

Komen:

And now gold and silver will reverse too. Nasty drop is coming in both...

Komen:

False breakout of the rectangle.