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EURUSD Only

I can already share the S/R levels for tomorrow.. Please study these wisely before spikes coming in hot!

  1. 1.2207 is intraday crucial resistance!
  2. 1.2144 is intraday crucial support!

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D-Status-Update.png Size: 28 KB
Be a seer, not a looker!
Quoting nic9man
{quote} Just found the channel with the wedges interesting and wanted to share it. I have the opposite opinion anyway. The USD cannot trend upwards in the very long run unless its inflation is much lower than in the eurozone. What do you think of the technical picture of the guy? Thought the fact that the upper channel was not touched in the last bull run might indicate that it could break to the downside now. Besides, the lower line is not well defined with just two touching points.
I understand.. but uhmm.. what guy?

Stay Green
Be a seer, not a looker!
Quoting andvk74
This does NOT look like a reversal zone to the upside. It looks like a pause before the next leg DOOOOOWN. {image}
Would you consider shorting on that spike?
Quoting Ata-Turkoglu
I can already share the S/R levels for tomorrow.. Please study these wisely before spikes coming in hot! 1.2207 is intraday crucial resistance! 1.2144 is intraday crucial support! Stay Green {image}
Your pict said that it's forming head & shoulder pattern, not sure it's right or not.
Reposting my updated crazy daily wave count.. I am not saying we could go exactly to 1.1175 but I am guessing we will come pretty close.. This all depends on 1.2280 area to resist heavily in upcoming days or weeks with a wave c to the upside that would complete wave 2....

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D-Status-Update.png Size: 30 KB
Be a seer, not a looker!
Quoting hans91
{quote} Up to gray area highlighted?
No. Just to 1.2175-85.
Quoting cgs-trading
{quote} Would you consider shorting on that spike?
It depends how H1 closes. If it does NOT give me a clear clue, then I wait till after ASIA. I do NOT trade after this hour.
2 most important pieces of the puzzle in trading - TIME and PRICE.
Quoting hans91
{quote} Your pict said that it's forming head & shoulder pattern, not sure it's right or not.
Yes correct but it can take some serious time.. Current wave 2 will probably have an ABC structure.. So we must wait for the bullish wave C that will attack 1.2280 area.. Coming soon but no rush!

Stay Green
Be a seer, not a looker!
Quoting udithag
Another EUR/USD turning point on 1H chart which will occur on 2021.01.13 EST time included in 15 min time frame. Previous signal was just 2 15 min bars before the predicted bar. {image}
This one caught the daily lowest of 1.21529! upto date.
Good work.
i assume 1.2250 in a few days
Withdrawal makes your profit real.
So far 1.2154 and 1.2182 did their job as expected..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 29 KB
Be a seer, not a looker!
NICE reaction. 5 more min. till the close.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1 1.png Size: 63 KB
What will happen if the H1 candle closes bearish? Downtrend confirmation?
Quoting cgs-trading
What will happen if the H1 candle closes bearish? Downtrend confirmation?
If it closes below 1.2152, then YES.
If Trump is impeached, does that benefit the dollar? Based on the 2019 impeachment, Trump's potential 2021 impeachment could confirm a bearish downfall benefitting the dollar by a substantial amount. In addition to this, could a 1H close below 21530 accentuate this idea?
Quoting cgs-trading
If Trump is impeached, does that benefit the dollar?
If it rains will my car slide to the left or right? That's the same question asked in an analogical way.. My point is that it is irrelevant! What matters is that you should be careful and still stick to the technicals! Because "technicals" are always key.. That's what you should focus on! My two cents

Stay Green
Be a seer, not a looker!
Quoting andvk74
{quote} It depends how H1 closes. If it does NOT give me a clear clue, then I wait till after ASIA. I do NOT trade after this hour. 2 most important pieces of the puzzle in trading - TIME and PRICE.
Closing here. Done for today. Talk to you after ASIA.
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Yes, I'm still here. If I don't trade after this hour - it does NOT mean I don't observe. YOU HAVE TO LIVE IT - TO UNDERSTAND IT!!!
After this hour price usually goes into a SLEEP mode till after ASIA.
Quoting andvk74
After this hour price usually goes into a SLEEP mode till after ASIA.
Hey andvk74,

first of all thank you for all your post and effort!

I am a Newbie and I want to learn.

Where can I find a description of your strategy?
I would be very grateful for this.

Thanks!
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