EURUSD only

Let's don't turn me into your personal co-pilot... I post when I post.. These are things YOU have to figure yourself..

Stay Green

NEXT EURUSD 1.11500

Trust me I would love to agree BUT...... 1.1027/37 is true badass resistance at the moment (based on weekly).. Beware!!!!!

*Roughly spoken: bulls need a weekly close above 1.1030 for bullish continuation...

Stay Green

Daily S/R Levels for Thursday

This is how I interpret the picture:

1. I assume Gartley has reached both of its targets.. No more chasing and waiting for 1.1048 area.. 1.1036 is already acting as resistance in my book (based on weekly)!
2. Bears have to bring price below 1.0995..
3. Bulls have to bring price back above 1.1027/37 roughly!
4. Notice that GREEN line is flat.. meaning: expect choppy pa in coming days..
5. Intraday wise I still keep buying dips based on touches to Dashed-RED line (as long as candles are above GREEN line on my H1 chart) but my bias is in stand by mode to quickly shift to bearish when necessary..

*The earliest signal for bear power is a M15 candle close below 1.0993..

Stay Green

Great analysis but why market Eur is going up today 1
.10969
or it will go more up

There's also a divergence in H1.
For now, I Just keep selling the top

MY OBSERVATIONS:

My target to 1.1295 is still valid BUT the WEEKLY is resisting...

My WEEKLY resistance which stands at 1.1053 has changed to 1.1045
a close above is will lead us to 1.1295

The weekly candle is touching the resistance which is still preventing the
BULL; More BULL POWER is needed to break the resistance that is
a retracement is needed...

There is till a valid DIVERGENCE on 1hr chart caused by yesterday SPIKE
which still possible to bring down the MARKET to 1.0937
(this is the retracement needed by the weekly TF, I have to make use of it)

There is my WEEKLY trendline lying at 1.0947

MY TAKE:
I will have to scrap both BEARS and BULLS in between the weekly resistance (1.1045)
and weekly trendline (1.0949) till the WEEKLY TF give a BULLS pass...


if you know, you know...
My target to 1.1299 is still valid BUT the WEEKLY is resisting...

If this 1hr closes below 1.1017, then i'll look for the shorts

I believe no difference here. Seems to sound better for more serious outfit. It can make a difference if you say women, you trading or you are going to casino.

watching

Sell EUR/USD at 1,1003.
SL 1,1025.
No TP.

I am waiting to buy between 1.0971 and 1.0995 with SL 1.092. I will do this as it is normal retracment.

Targeting 1.099x - 1.101x and a big drop from there

Let's see

Buy limit @ 1.09890
Tp =1.10400

Hey Ata M15 candle closed at 1.0992 at my chart so can we assume bear confirmation

Time to re-enter shorts.

Here's my view on this pair currently:
On the H4 chart we can see a sideways movement between the light blue rectangle and the red horizontal line.
The Upper end of this movement (blue rectangle) has been tested and rejected 3 times. On the 4th attempt it has broken out (current position).
Also, towards the right of this sideways movement higher lows have been produced (after the second and third test of the upper level of the movement.

In my opinion if we can see price close consistently above the blue rectangle and a few more Higher Highs and Higher Lows produced then i think the bullish movement can be confirmed.

However, if it fails to close consistently above the blue rectangle it would appear that the BULLS have less power and a drop in price might occur as selling power increase.

Yes M15 candles gave bearish signs...I am waiting to see if H1 candles get rejected by 1.1010 or not...

Stay Green

Today's price action seems very random and unpredictable. Perhaps US data will shed some light on the next direction.

me to
will buy at support area 1.09950 // 1.09750