Attachments: EURUSD only

EURUSD only

Post #137,681
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Aug 10, 2021 2:40am Aug 10, 2021 2:40am

eurusd-thijs
Joined Jul 2020 | Status: Member | 852 Posts

Good Morning.

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Sell above 1.1735 for 1.1735 or maybe 1.1725

Trends have a higher probability of continuing than not.

Post #137,682
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Aug 10, 2021 3:07am Aug 10, 2021 3:07am

Amplify-IT
| Joined Aug 2021 | Status: Member | 12 Posts

EU appears to have hit major support. Could now be setting up for a decent retracement.

Competitions-R-us

Post #137,683
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Aug 10, 2021 3:11am Aug 10, 2021 3:11am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 10,426 Posts

Quoting Robinhood1

Disliked

{quote} As a swing move will take the whole week to reach 11810/40 i beleive

Ignored

the whole week and maybe part of the next one.
Target 11850/90 although i close a bit earlier.

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PHASE II running 666

Post #137,684
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Aug 10, 2021 3:27am Aug 10, 2021 3:27am

sat1970
| Joined Oct 2020 | Status: Member | 43 Posts

1.17355 is holding. A break or bounce will help.
However, seems like a down trend for now.

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Post #137,685
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Aug 10, 2021 3:27am Aug 10, 2021 3:27am

Guy1969
Joined Jul 2021 | Status: Member | 286 Posts

Still too many bearish candle formations on the lower time frames, I'm holding off on any longs.

Guy

Post #137,686
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Aug 10, 2021 3:42am Aug 10, 2021 3:42am

eurusd-thijs
Joined Jul 2020 | Status: Member | 852 Posts

Heading for tp 1.1725
when ZEW is not good at 1100 hr we will see tp 1.1705

Trends have a higher probability of continuing than not.

Post #137,687
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Aug 10, 2021 4:28am Aug 10, 2021 4:28am

Guy1969
Joined Jul 2021 | Status: Member | 286 Posts

H1, bearish candle formation, this is going to fall further. I don't think the EUR will be able to avoid 1.1700 today.

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Post #137,688
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Aug 10, 2021 4:43am Aug 10, 2021 4:43am

MXMmo
Joined Sep 2020 | Status: Member | 47 Posts

What is a suitable Short Entry Point for the anticipated slide down to 1.1700?

Post #137,689
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Aug 10, 2021 4:48am Aug 10, 2021 4:48am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 10,426 Posts

Quoting MXMmo

Disliked

What is a suitable Short Entry Point for the anticipated slide down to 1.1700?

Ignored

11870

PHASE II running 666

Post #137,690
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Aug 10, 2021 5:03am Aug 10, 2021 5:03am

eurusd-thijs
Joined Jul 2020 | Status: Member | 852 Posts

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Bad, on the way to test 1.1700

Trends have a higher probability of continuing than not.

Post #137,691
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Aug 10, 2021 5:30am Aug 10, 2021 5:30am

yvestrcz
Joined Mar 2020 | Status: Member | 924 Posts

Quoting yvestrcz

Disliked

Well, this looks like a short intermezzo, and then attack on 1.1800. All in all, I imagine price dropping to 1.1730's or lower. Supported by relatively heavily prevailing buying sentiment among retail traders.

Ignored

Written on Friday last week. Now the vision has become a reality. We are there, 1.1730 (or lower).
By the way, the sentiment is (again) heavily bullish...

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Post #137,692
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Aug 10, 2021 5:35am Aug 10, 2021 5:35am

sat1970
| Joined Oct 2020 | Status: Member | 43 Posts

support at 1.17127 may provide a Buy opportunity.
Time will tell.

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Post #137,693
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Aug 10, 2021 5:39am Aug 10, 2021 5:39am

eurusd-thijs
Joined Jul 2020 | Status: Member | 852 Posts

Quoting eurusd-thijs

Disliked

{image}Bad, on the way to test 1.1700

Ignored

closed 1.1725 (lack of patience maybe

) but price keeps ranging 1.1725+ zone what was tp1 for me

market is waiting at the much more important cpi usa tomorrow

Trends have a higher probability of continuing than not.

Post #137,694
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Aug 10, 2021 5:51am Aug 10, 2021 5:51am

eurusd-thijs
Joined Jul 2020 | Status: Member | 852 Posts

mister shahab8b is looking for a long entry around 1.1700 targetting 1.1750 or even 1.1800 and he wont be the only one
https://www.forexfactory.com/thread/...2#post13660992

Trends have a higher probability of continuing than not.

Post #137,695
Quote
Aug 10, 2021 5:55am Aug 10, 2021 5:55am

Ata-Turkoglu
Joined May 2014 | Status: Full Time Trader | 20,561 Posts

Meanwhile, on H1..

The wedge on M30 is also visible here.. There was a breakout (actually a slide out from 1.1737) but, bulls couldn't bring it..
Now we must see reaction of 1.1713 area.. No rush!

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