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  • #109,161
  • May 13, 2020 3:06pm May 13, 2020 3:06pm
Quoting dondealova
{quote} What is this? I just saw it ... can you teach me how to read it?
it's just a simple forcasting tool based on elliott waves ... i use it mainly to give me a bias for now i closed my short positions .... and i will wait till next week to start buying
FOREX....... FROM ITALY
  • #109,162
  • Edited 3:26pm May 13, 2020 3:16pm | Edited 3:26pm
the pattern is very interesting
Attached Image (click to enlarge)
Click to Enlarge Name: 14-5-2020.png Size: 36 KB



Edit: Update Image. Previous image lacking precision
There is no perfect system
  • #109,163
  • May 13, 2020 3:20pm May 13, 2020 3:20pm
I'll be buying really soon I am going to give it time till it goes down again
  • #109,164
  • May 13, 2020 4:08pm May 13, 2020 4:08pm
Marking 1.0815 as key support on H1 for the next 2 hours..

Stay Green
Focus only on what truly matters!
  • #109,165
  • May 13, 2020 4:20pm May 13, 2020 4:20pm
Daily S/R Levels for Thursday

If 1.0809 level supports bulls might keep their hopes.. But if price drops to retest 1.0780 I believe it will be a losers game for bulls already, just my own opinion based on experience.. So, long story short: If bulls want a rally they have to keep price above 1.0809... My two cents

Stay Green
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #109,166
  • May 13, 2020 7:29pm May 13, 2020 7:29pm
Now EU can back zo trend and looking for short here. Yesterday,it run good with zo trend and zo power but still could not break 1,08825. Maybe today zo power will change color and give for me a good sell setup.
Attached Image (click to enlarge)
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Keep the faith and keep going
  • #109,167
  • May 13, 2020 8:22pm May 13, 2020 8:22pm
This Bull in eur / usd ...need to drink a red bull
  • #109,168
  • May 13, 2020 8:24pm May 13, 2020 8:24pm
Oh my! the levels resistances are pushing down and turning
from ordinary bumps to a military barricade ...

From here 1.0822:
50pips up BULLS have 2 bricks to dismantle
bricks from 1hr and 4hrs TF respectively
just for those who dont view charts

Resistances: 1.0877 and 1.0846


While:
50pips down BEARS have 3 bricks to dismantle
bricks from 4hrs and Monthly TF respectively

Supports: 1.0813; 1.0800 and 1.0774

My take:
stay with the BULLS;

Manage my lots some follows the market TRO N FRO
While some on a SCRAPING MODE!!!!
Won't sell during scraping anyway cos:
of breakout
am avoiding any kind of trap.

WILL I JOIN THE BEARS SOON?
I will only DO if only 1.0774 got broken...


if you know, you know...
Attached Image (click to enlarge)
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My goal is what keeps me going...
  • #109,169
  • May 13, 2020 8:41pm May 13, 2020 8:41pm
Quoting Niily
Now EU can back zo trend and looking for short here. Yesterday,it run good with zo trend and zo power but still could not break 1,08825. Maybe today zo power will change color and give for me a good sell setup. {image}
H1 still has only higher highs and higher lows.. If bears can create the first lower low by crossing below 1.0784 we can speak of real selling.. Until then I sell too but carefully and only scalpers..

*But before all that I will watch DAILY support at 1.0809 carefully as I mentioned earlier...

Stay Green
Focus only on what truly matters!
  • #109,170
  • May 13, 2020 8:46pm May 13, 2020 8:46pm
Quoting Ata-Turkoglu
{quote} H1 still has only higher highs and higher lows.. If bears can create the first lower low by crossing below 1.0784 we can speak of real selling.. Until then I sell too but carefully and only scalpers.. Stay Green
Yes, I'm still cautious in the area 1.08 - 1.07750. Hope prices to provide a clearer view than continue going into the current area.
Keep the faith and keep going
  • #109,171
  • May 13, 2020 11:02pm May 13, 2020 11:02pm
Quoting gatenio
{quote} first of all, im never sure. im just reading the chart. i make it simple for you, monthly, weekly and daily bearish. (some traders saying daily is uptrend) according to daily, every day bulls failed to close above 0872, the up move is getting farther and bears just getting stronger. the major problem is the multiple year uptrend trendline.. imo we going to test it again, it hard for me to say the exact number cause i draw it manually. but lets say.. 1.06+ for now.
hi mr bull bear,
the level i mention in the pink is not the right one.
it 077+- so it only 40 pips away. (worth risk buy on that one too) have a great day
  • #109,172
  • May 14, 2020 1:32am May 14, 2020 1:32am
After so many failed attempts at breaking 1.088 we're back at a crucial level. On H1/H4 we've been in a slightly rising channel for a couple of weeks with low points hitting a trendline (red on my chart) almost to the pip. That trendline is now at the 1.077-8 area which also fits nicely with another support area.
So, in my view, if 1.077 breaks we could see a strong move down at least to previous lows around 1.065, which is also the low of the daily/weekly downward channel.
Also worth noting that on the Daily we are in a very tight symmetrical triangle and reaching the point where breakout must happen one way or the other.
There's still a chance of a bull reaction but currently a breakout down is my favourite so I'll be looking at selling swing highs.
Attached Image (click to enlarge)
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It takes time
  • #109,173
  • May 14, 2020 1:47am May 14, 2020 1:47am
Today for bulls I'll be watching only one thing. A close above 1.0840.
  • #109,174
  • Edited 2:44am May 14, 2020 2:22am | Edited 2:44am
Quoting Leodavinci
Buy limit 1.0803 sl 1.0790 tp 1.0990
Tp change 1.0949
  • #109,175
  • May 14, 2020 2:24am May 14, 2020 2:24am
JUST MY LITTLE THOUGHT....
Attached Image (click to enlarge)
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FOREX....... FROM ITALY
  • #109,176
  • May 14, 2020 3:03am May 14, 2020 3:03am
The Bermuda Triangle. Things get lost and may never come back.
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  • #109,177
  • May 14, 2020 3:08am May 14, 2020 3:08am
Quoting Traderview
Today for bulls I'll be watching only one thing. A close above 1.0840.
Bought EURUSD @ 1.0804 with a target of 1.0920
FXOpen - International True ECN Broker
  • #109,178
  • May 14, 2020 3:13am May 14, 2020 3:13am
Hello everyone!

It seems that eurusd can get lower to 1.0786 as the first TP
good luck!
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  • #109,179
  • May 14, 2020 3:42am May 14, 2020 3:42am
I'm waiting long
Attached Image (click to enlarge)
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All in your hands
  • #109,180
  • May 14, 2020 3:48am May 14, 2020 3:48am
Keep selling
1H candle close above 1.0838 buy signal.
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