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- Ata-Turkoglu replied 59 min ago
Based on H1, bears must keep price below ~1.0845... Let's see how that goes..
- Ata-Turkoglu replied 3 hr ago
This week as well, we have the same question: A or B? Time will tell.. *1.0867/79 area is currently my ceiling!
- Ata-Turkoglu replied 3 hr ago
Nice bear momentum building... I expect a short-term pullback but bearishness is likely to continue all day.. Let's see.. *Red news are spread throughout the whole week... So, hopefully no boredom for us this week
- Ata-Turkoglu replied 5 hr ago
Meanwhile, on H1... Waiting for London opening and for candles to drop out from circle... Hopefully action is coming soon. I am with bears! Happy new trading week to all
- Ata-Turkoglu replied 16 hr ago
Jokes aside, the reason for this indecision has a lot to do with the current location of candles: On one side, we had a clear bearish breakout where price should have continued lower naturally, BUT the supportive blue trendline interferes and causes ...
- Ata-Turkoglu replied 19 hr ago
DAILY Outlook We can see that Cypher pattern played out nicely and the drop to TP1 has been completed. For my liking, after TP1 completed there can be a slight pullback and price should have continued to TP2 BUT here we can see that the pullback is ...
- Ata-Turkoglu replied 19 hr ago
Quick H4 Outlook for Monday For now, I first focus on the red bow area: Range between 1.0787 and 1.0904! Friday candle closed with a strong bearish move to ~1.0850 area. Now the question is: Will this ~1.0850 area support or break? Since we are ...
- Ata-Turkoglu replied Jun 1, 2024
Quick H4 Outlook for Monday To keep it fairly simple: Friday printed a foxy-fake bullish pierce. Price is still ranging between the red zone and blue zone. Intraday wise, I expect the red trendline to resist and prevent bulls climbing. Therefore, I ...
- Ata-Turkoglu replied May 31, 2024
Yes, I stated many many times, based on WEEKLY, that we should go down to the void as long as 1.0955 area resists... I only gave the MONTHLY target as 1.20 IF we assume that bulls break above 1.0955... Best wishes
- Ata-Turkoglu replied May 31, 2024
Meanwhile, 1.0955 as being my main resistance, I am waiting for bears to fill the void... Weekly progress takes time! Patience!
- Ata-Turkoglu replied May 31, 2024
Meanwhile, on H1... Current plan is to keep selling 1.0839 to 1.0855 area while knowing that ~1.0823 area could act supportive.
- Ata-Turkoglu replied May 30, 2024
Meanwhile, on H4... I highlighted the area that I am currently focused on. Earliest area to sell would be ~1.0824, but with momentum, next could be ~1.0847 area. Once short, I would then watch ~1.0798 area to see if support breaks or not. Step by ...
- Ata-Turkoglu replied May 30, 2024
Based on simple observation, we are basically back at retesting my GREEN wma line. Looking into the near past we can see that scenario A and B are both possible. Since we don't know which one of these will play out, we can choose to trade mixed. ...
- Ata-Turkoglu replied May 30, 2024
My H4 chart below shows why ~1.0825 resistance area matters! (Worst case for sellers: ~1.0852 max. for today!)
- Ata-Turkoglu replied May 30, 2024
Quick DAILY Outlook To keep it fairly simple: 1.0785 area is now the place where we have to check if bears are willing to storm lower or not. If they do, we can continue lower into the VOID area. If not, a bounce up to 1.0835 levels could happen and ...
- Ata-Turkoglu replied May 29, 2024
I shared this 2 weeks ago... Now, the bigger Cypher still has to wait as I told earlier.. The smaller Cypher is currently playing out and its TP1: 1.0785 is almost achieved. But if you look at this strong momentum candle, we could anticipate that ...
- Ata-Turkoglu replied May 29, 2024
Bears left the less steeper channel and are gliding now like happy squishy Haribo bears, down the steep throat... Make sure to enjoy the bear ride and stay away from the buy button! Best wishes
- Ata-Turkoglu replied May 29, 2024
Meanwhile, on H4 Bears did really well by breaking below 1.0850 area. As long as they stay below it, the chances to go lower is high now. Next, I have 1.0786 area as target. Let's see... Go bears go!
- Ata-Turkoglu replied May 29, 2024
Quick WEEKLY Outlook Long-term speaking, I believe, once bulls are done trying, and as long as price stays below ~1.0955 roughly, we eventually drop back into the big void. My nearest target would be AB=CD: ~1.0310 area!
- Ata-Turkoglu replied May 28, 2024
H4 Update Breakout from small blue trendline occurred. From here on forward it is now all about ~1.0850 area supporting or not. Let's see...