EURUSD Oct 23, 2020 - new round of teasing on the cards

EUR is overvalued still, but nothing to do with this company of fraudsters trying to climb as high they want, Europe will be all in lockdowns. but they will sing the same song of everything fine, buy the fiber.
As expected yesterday market corrected to the 1.1800 level at least, even briefly during the night on tiny liquidity touch 1.1784 as previously broken trendline. It is not trading it is drawing of charts. imho.
I will sell the spikes, cus I expect sudden drop in this road of Russian roller coasters.
Not legal and financial advice; any information provided here is only the personal opinion of the author.

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Key levels to trade in near future imho.

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As you can see, key level on the downside not 1.1786 around, it is 1.1742... And it was the level that we were targeting, but fraudsters decided to screw everything again. Anyway it is just a view, I clearly understand that many of you can disagree with my point. It is normal, we are traders... :)))
But, If you see it lower than 1.1742, do not fade, it is free space till 1.1631 at least.
Cheers!

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these fools are taunting BOJ, but forgot to buyout cable...

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Banks deserve Tyler Durden.

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what to do here for example if you long from 1.18
1. close around here under 1.1864, wait 1.1864 and sell targeting 1.18 again.
2. close 1/2 of the position and wait for 1.1900 placing other half with trailing stop or at b/e.
3. fck off bears I will wait for 1.1900
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bears can only suffer this many setbacks, but eventually will found the way to success. Use low margin and proper money management in bears case.

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