EURUSD only

Hey new member/FF lurker, first off thanks to Ata for making this new much improved Eur/Usd thread, decided to become a member because of it, and thank you to those who help and share there own views.

Wanted to share my view for this week and get some feed back.

So currently I am seeing a lack of downward momentum in the pair and see it it either retesting the first zone higher than the previous tests (was short from those and got out in the green) and then going down, or having a fresh test of the second around 1.173. I see it making more upward moves till later in the week, Wednesday at the earliest, and continuing from that spot down, continuing the higher time frame bearishness.

I have some smaller upward channels on the lower time frames that just touched the lower end and is now moving back up while I am typing. so feel like thats a good sign, that the 1.165 decided to hold for now. we'll see

Thanks for reading and any feedback, Good luck to all.

Target may be 1.1680
Good luck all .

I would like to say here i am just a learner.and learned lot of valuable points from Ata and most of good traders here and reason for sharing is only to learn more and more.
Some of patterns like flags are very good to trade but many times they can be a trap too.so pls be carefull with trading this kind of patterns.again million of thanks Ata for this valuable comunity.look like price fallen with an ftr and of it wanna rise need to creat another one.

Hello, All. Anyone believe the 1.169 level will be tested before a drop?

i am not sure why it should "drop" after testing that number but i am looking at 1.17 maybe even higher (possibly 1.1730)

Thank you, and yes, I am still learning proper terms and context. Your reply is much appreciated.

I saw that. Not sure if I believe it. 1708 on my watch. Anything in between now and then possible. Something is up. I am not trading right now. I will wait for better direction. But your Sell is safe up to 1730. A lot of power required to break through up.

just my 2 pence i think we will go to 1.168?? and then a big drop down

i am looking at 1.1671
if it closes above on H4, i'll look for selling setup above 1.1700
for now i hold my shorts

I think a good moment to short
not break

Price has been flirting with my pending at 1.1682 all day

Tomorrow is PPI don't forget.....there will be opportunities to get in either side, no need to rush

Good day all,

My bias, based on the current trend, is bearish and I'd look to next take a short at around 1.1710. If successful, I'd look to ride this down to 1.1560 and then down to 1.1470.

If price pushes through 1.1710 on the upside, my charts show upward movement to 1.1750 and, depending on strength, then on to 1.1860.

Any trade taken at these levels will rely on price action, at the time.

Daily Outlook and Sweetspots for Tuesday

The range I will be focused on tomorrow has not changed much (still bright blue area). All sweetspots have slightly shifted from their previous values and I think Tuesday might also be a slow day.

Maybe not on the broker where I prepared my chart below, but keep in mind that on some charts of various brokers now 4 daily bullish candles in a row have been printed. Therefore in my thinking, next to the 1.1696 resistance level, could Tuesday also print a bullish candle? What are the odds of 5 bullish candles in a row? Well, I would like to bet for the opposite or at least expect some doji candle for this day. Time will show, so good luck folks and have a good night, I call it a day..

Stay Green

Changed EP to:
Sell-Stop @ 1.1636 —> 1.1681 / 1.1516 ...

Elliott Wave on a 2 hr chart

i dun want to be caught up in a stupid trade here

Today preparation big news for USD, GBP and JPY. Sell limit is as attached.

ECB President Dragon Speaks
BOE Gov Carnage Speaks
Fedup Chair Yelling Speaks

All about the ABC waves.