Attachments: EURUSD only

EURUSD only

#26,501
Jun 27, 2018 1:59am Jun 27, 2018 1:59am

skassacomput
| Joined Mar 2011 | Status: Trader | 569 Posts

I'd like to try a buy at a.16155 because:
- H4 sma55
- 50% target of a crab bearish pattern
- Bullish pattern formed
- SMA200 on H1
- Weekly pivot point
- DEMA21 on D1

Lets see...

If you do not know who you are, the Forex is the worst place to find you

#26,502
Jun 27, 2018 2:00am Jun 27, 2018 2:00am

post
Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts

if we close below 10SMA then possibility of extension towards next strong supports at 1.1589 (Fibo 61.8% of 1.1508/1.1720 upleg) and 1.1570 (base of thick 4-hr cloud) will rise , lose both we might see 1.14 handle in next few days. IMO

Stay Green.

Trades technical moves enforced by fundamentals

#26,503
Jun 27, 2018 2:08am Jun 27, 2018 2:08am

TudorIoan
Joined Dec 2015 | Status: Trader | 14,257 Posts

Quoting skassacomput

Disliked

I'd like to try a buy at a.16155 because: - H4 sma55 - 50% target of a crab bearish pattern - Bullish pattern formed - SMA200 on H1 - Weekly pivot point - DEMA21 on D1 Lets see...

Ignored

If everybody would post argumentated trading like you just did, we would become a hell of a trading community here

Excellent post!

Member

#26,504
Jun 27, 2018 2:11am Jun 27, 2018 2:11am

Maxjoy
Joined Oct 2017 | Status: Follow the Order Flow! | 1,073 Posts

Quoting TudorIoan

Disliked

{quote} If everybody would post argumentated trading like you just did, we would become a hell of a trading community here Excellent post!

Ignored

WORD!!!

Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips

#26,505
Jun 27, 2018 2:20am Jun 27, 2018 2:20am

TudorIoan
Joined Dec 2015 | Status: Trader | 14,257 Posts

Quoting Maxjoy

Disliked

{quote} WORD!!!

Ignored

JOY!!!

Member

#26,506
Jun 27, 2018 2:40am Jun 27, 2018 2:40am

geektrader
| Commercial User | Joined Jul 2010 | 930 Posts

We are going up from here, my neuronal networks all agree about that.

#26,507
Jun 27, 2018 2:44am Jun 27, 2018 2:44am

Traderview
Joined Sep 2017 | Status: Trader | 4,493 Posts

Quoting skassacomput

Disliked

I'd like to try a buy at a.16155 because: - H4 sma55 - 50% target of a crab bearish pattern - Bullish pattern formed - SMA200 on H1 - Weekly pivot point - DEMA21 on D1 Lets see...

Ignored

Good analysis. But if it broke through 1.1615 and move further down below 1.1607, then you can really see very strong bear market. I'd wait and watch how the candles formations before go for the bull move.

Stay green

#26,508
Jun 27, 2018 2:51am Jun 27, 2018 2:51am

Maxjoy
Joined Oct 2017 | Status: Follow the Order Flow! | 1,073 Posts

Quoting Traderview

Disliked

{quote} Good analysis. But if it broke through 1.1615 and move further down below 1.1607, then you can really see very strong bear market. I'd wait and watch how the candles formations before go for the bull move. Stay green

Ignored

In my view, we need a break of 1.580/95 area to call it a Bear...for now I think the decline is limited to 1.6000/15 and we might see push towards recent heights of 1.1720-ish

Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips

#26,509
Jun 27, 2018 2:54am Jun 27, 2018 2:54am

post
Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts

Quoting Traderview

Disliked

{quote} Good analysis. But if it broke through 1.1615 and move further down below 1.1607, then you can really see very strong bear market. I'd wait and watch how the candles formations before go for the bull move. Stay green

Ignored

well , I think its his short term bull move with tight SL in place and a good call

will follow, not much risk as TP1 of 85 % profit is already booked.

Stay Green. TP2 moved to 1.1616, SL: BE

Trades technical moves enforced by fundamentals

#26,510
Jun 27, 2018 2:55am Jun 27, 2018 2:55am

Traderview
Joined Sep 2017 | Status: Trader | 4,493 Posts

Quoting Maxjoy

Disliked

{quote} In my view, we need a break of 1.580/95 area to call it a Bear...for now I think the decline is limited to 1.6000/15 and we might see push towards recent heights of 1.1720-ish

Ignored

Yeah. That's why i said to wait and see how it's forming between 1.1615-1.1607. If a big candle(+25pips) would have got to break these levels, then it'd be very tough for the bulls.

#26,511
Jun 27, 2018 4:05am Jun 27, 2018 4:05am

Pell
| Joined Jun 2018 | Status: Trader | 119 Posts

Quoting Traderview

Disliked

{quote} Normally lower time frames like below 1hr i.e 5 or 10 mins usually show you the exact price rejection. The higher time frames like 4hr will give you the overall direction for the day. Ironically, We usually do our technical analysis based on higher time frames but we make mistakes by entering in lower TF. Like, just a step back and see it.

Ignored

Tnx. Learnt a new thing .

#26,512
Jun 27, 2018 4:16am Jun 27, 2018 4:16am

Pell
| Joined Jun 2018 | Status: Trader | 119 Posts

This current formation..., could it b a fake or downward continuation?

#26,513
Jun 27, 2018 4:23am Jun 27, 2018 4:23am

post
Joined Aug 2012 | Status: Fundamental & Technical Analyst | 1,910 Posts

Quoting post

Disliked

{quote} well , I think its his short term bull move with tight SL in place and a good call will follow, not much risk as TP1 of 85 % profit is already booked. Stay Green. TP2 moved to 1.1616, SL: BE

Ignored

both TP got hit, Now wait for US data , no more trading until 1.30 pm. Stay Green.

Trades technical moves enforced by fundamentals