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EURUSD only

Quoting Hamzalolo
Dear Ata.. When do we say that there is a Double Bottom model on a four-hour frame?
H4 candles have not taken out the recent high at 1.0367 area yet... Once that happens you can have your double, triple or whatever bottom people may call it...

I hope it answers
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
Quoting Ata-Turkoglu
{quote} H4 candles have not taken out the recent high at 1.0367 area yet... Once that happens you can have your double, triple or whatever bottom people may call it... I hope it answers {image}
I see this as a pseudo-flag that will break down. It appears to me that price is heading to 0.9800 area.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting Mitiblotch
{quote} I see this as a pseudo-flag that will break down. It appears to me that price is heading to 0.9800 area.
Exactly what I see. I agree, but it seems it will happen tomorrow. Today is supposed to close bullish to fulfill the pattern on daily... Bull bear, bull bear etc
Risk comes from not knowing what to do
.0011 was firm support in July, it`s firm resist now ... i have doubts E/U is gonna test D1 BB midline at .0115 +/- (mb with flat correction)
anyway .0990/.0980 reaction required
Imho today was just some bank holiday stop-loss hitting. Tomorrow we'll probably be back where we started this morning.
Another day, another dollar.
I want to SELL again are we gonna hit any of the red zones today
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Bears you better be wishing the market to close below 0.9970. Bulls you need it above 1.0000
Quoting Traderview
Bears you better be wishing the market to close below 0.9970. Bulls you need it above 1.0000
London must get a bite of the low set by Asia. This thing isn't going anywhere until the major sessions being London and NY get a bite of the bottom. That's how they roll. Asia just sets the SL hunting range. It is almost a guarantee that 0.9914 will be touched again. If it goes up without touching it then the plan is to sink it to 0.9800 or 0.9700 in the newsr future when price comes down.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
Quoting Mitiblotch
{quote} London must get a bite of the low set by Asia. This thing isn't going anywhere until the major sessions being London and NY get a bite of the bottom. That's how they roll. Asia just sets the SL hunting range. It is almost a guarantee that 0.9914 will be touched again. If it goes up without touching it then the plan is to sink it to 0.9800 or 0.9700 in the near future when price comes down.
As long as weekly candles stay inside my ellipse and price doesn't drop too far away from 0.9908 I am okay with your idea...

There is also the tiny possibility, that wave 5 of 5 on DAILY could be over... That would mean a large wave 1 or W to the upside is cooking, while some bears still expecting a wave 5 down that never comes... Bears must be careful!

Best wishes
Attached Image (click to enlarge)
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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
There is a chance for some unexpected pa inside next hour... Don't call it a day yet!
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
Quoting Ata-Turkoglu
There is a chance for some unexpected pa inside next hour... Don't call it a day yet!
In favor of the bull?
Quoting Mitiblotch
{quote} London must get a bite of the low set by Asia. This thing isn't going anywhere until the major sessions being London and NY get a bite of the bottom. That's how they roll. Asia just sets the SL hunting range. It is almost a guarantee that 0.9914 will be touched again. If it goes up without touching it then the plan is to sink it to 0.9800 or 0.9700 in the newsr future when price comes down.
Dear, can you please explain more?
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Quoting Austyno
{quote} Am out... Loss recovered, switched to selling again(same parameters as before. Target is 0.9700). Price is playing with me today
I don't rely much on bull power while price is below 1.0031...
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: 13.2%
Quoting Ata-Turkoglu
{quote} I don't rely much on bull power while price is below 1.0031...
I agree, that's why i switched sides.
Risk comes from not knowing what to do
with next day closed below .0011
Ranging. Chillin
TIME is the most valuable commodity
  • Post #155,498
  • Quote
  • Edited Aug 30, 2022 12:04am Aug 29, 2022 11:48pm | Edited Aug 30, 2022 12:04am
One more leg up try to see if previous top or limit 0119 protect and likely in this survival race!
Too strong correction nature without correcting the minimum below 9968 may lead a top failure! So better below 9968 before try up if stable! So will target 9968. Signal breaks 9993 and or breaks up parity to short try.
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Not understand?never follow my analyses!
Ranging below 1.0030. We may see a drop to 0.9940. Above yesterdays top 1.0051/89 are posible resistance levels. Volatility is 75 pips.

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Feels right this time!
When the volume comes towards yesterday high(1.0027 area)...I am going to hit the sell button to pick profit towards yesterday low(0.9919 area), with that, the small "M" would have form a bigger "W" then we buy again from there
Good things comes in pairs...
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