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- Ata-Turkoglu replied 5 hr ago
Quick Daily Outlook I will keep sharing this chart until one side is out of the expanding zone. Bulls are still trying to break above red zone: 1.08635 to 1.0890 area. For now, I am inclined to sell the attempts and spikes. On the bearish side, ...
- Ata-Turkoglu replied May 24, 2024
H4 simplified.... Can't simplify further... Bears are waiting for bulls until they are exhausted. Bull attempts seem hopeless, but of course we let them try, up to 1.0862-ish levels! Patience!
- Ata-Turkoglu replied May 24, 2024
Based on H4, we first must watch 2 resistance areas: ~1.0830 and then ~1.0851... As long as bears can keep price below these, bearishness will last intraday wise. Let's see... Happy Friday to all
- Ata-Turkoglu replied May 23, 2024
To keep it as simple as it gets, chart below shows the currently tight but slowly expanding range we are in: Bulls can not continue while below 1.0860/90 roughly! I expect new attempts! Bears are in snail mode and wasting time to break below blue ...
- Ata-Turkoglu replied May 23, 2024
Come on snails.. you can do it ... not much left to nearest target.. double time... double time..
- Ata-Turkoglu replied May 22, 2024
Let's remember what was said 2 days ago: So far, it looks like cypher time is playing out! *Anticipating TP1 will be complete soon.. From there we can re-check situation. No rush! Step by step!
- Ata-Turkoglu replied May 22, 2024
Agreed! Overall, I see it as the handle forming. Based on H4, I stay bearish until 1.0793 area gets retested... No rush! Best wishes
- Ata-Turkoglu replied May 22, 2024
Based on H1, I am marking 1.0856 as nearest resistance... Go snails go!
- Ata-Turkoglu replied May 22, 2024
Based on H4: 1.0822/32 area is my bounce or break point...
- Ata-Turkoglu replied May 20, 2024
It's Cypher Tiiimeee! Based on DAILY, I spotted 2 major Cypher patterns. Nested like those Russian "Matryoshka" dolls For now, I am focusing on the nearby cypher. It should be complete at 1.0901-ish and here we are watching hesitant ...
- Ata-Turkoglu replied May 20, 2024
No need to complicate. The answer is often in the simplest geometry: Channels! Assuming channel upper edge will resist, the top could be somewhere around ~1.0987 IF however, some inner parallel lines and median lines etc. interfere, the earliest top ...
- Ata-Turkoglu replied May 19, 2024
Quick H4 and H1 Outlook Based on H4: I will focus on ~1.0896 area resistance... Bulls are still active, so we must watch bullish PA until charts give us clues about bull exhaustion. Based on H1: We can see that bulls started tossing at the walls of ...
- Ata-Turkoglu replied May 18, 2024
Monday D1 Outlook With current picture in mind, I am noticing that bears struggle to stop bulls and now bulls keep pushing towards the yellow resistance area. However, nothing for sure yet. A successful bullish breakout would still require a climb ...
- Ata-Turkoglu replied May 17, 2024
Reposting my H4 chart from yesterday.. As I said: It would be nice if bears can protect the circle rim... That way, soon price could come back to retest 1.0831 area and maybe also deeper lows... No rush though! Step by step!
- Ata-Turkoglu replied May 17, 2024
Meanwhile, on H1... Bulls tried but so far bears didn't allow them to climb above resistance area: ~1.0869-ish block... Waiting for London opening! Happy Friday folks
- Ata-Turkoglu replied May 16, 2024
Based on H4, a fresh bearish breakout has just happened or is happening as we speak.. Now I want bears to protect the circle rim... If they can do that, price then could stay below 1.0898 from here on forwards.. Let's see how it plays out.. Calling ...
- Ata-Turkoglu replied May 16, 2024
Meanwhile, on H1... Bulls are trying, but unless they keep candles above 1.0871, bears will push to reach 1.0837 area. Let's see which side is more willing*... *I am currently siding with bears!
- Ata-Turkoglu replied May 16, 2024
Some bears are playing softball.. No bull action yet... Let's pepper it up boys...
- Ata-Turkoglu replied May 15, 2024
Based on Monthly, the way I interpret this rise is a: "typical bullish retest right after bearish breakout" These pullbacks happen a lot... rarely price falls directly but often we can see retests before the drop. For this one, ~1.0930 levels (or a ...
- Ata-Turkoglu replied May 14, 2024
Reposting my H4 chart from last week as a technical story teller: Candles never opened below my GREEN 39 wma line, only a mild piercing. Often stop hunt occurs before reversal and we were aware that a stop hunt operation might happen around ~1.0816! ...