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  • #110,381
  • Jun 8, 2020 11:28am Jun 8, 2020 11:28am
Quoting Traderview
{quote} Yeah i can smell that too. (Get it)
To validate the count *
What's that smell? ---- I smell money!
  • #110,382
  • Jun 8, 2020 11:35am Jun 8, 2020 11:35am
Quoting SteFX85
{quote} To validate the count *
What i really smell from your chart is, that ascending triangle @61% A potential bounce spot on different TF. I think this is the last chance market will give to bears to move on and close the calls only if the bulls are true and to stay above 1.10
  • #110,383
  • Jun 8, 2020 12:05pm Jun 8, 2020 12:05pm
Quoting SteFX85
Minor 4 should not go further than 1.11279 (fib 50.0). Grtz {image}
How big would you consider the chances for an upside move and no further downside at all, or is that very unlikely?
  • #110,384
  • Edited 12:56pm Jun 8, 2020 12:26pm | Edited 12:56pm
Quoting Arnaud
{quote} How big would you consider the chances for an upside move and no further downside at all, or is that very unlikely?
A wave higher would be possible in that case the count would be at minute 3 complete instead of minor 3 complete probably.
But I'm seeing price in a supply zone printing a daily bearish candle with RSI at +80.. think a correction is coming.
Is the timing right? Can't say 100%.. never can. A more conservative approach (for trading) would be to draw a TL below previous lows and wait for the breakout (bearish territory).

I'm just sharing the count.

Grtz
What's that smell? ---- I smell money!
  • #110,385
  • Jun 8, 2020 6:54pm Jun 8, 2020 6:54pm
Anyone shorting right now?
aka honcho
  • #110,386
  • Jun 8, 2020 7:56pm Jun 8, 2020 7:56pm
Quoting realestatemi
Anyone shorting right now?
No scalping trades for me until at least after the London open. For swing trading, I would short any rallies.
  • #110,387
  • Jun 8, 2020 8:15pm Jun 8, 2020 8:15pm
Quoting SteFX85
{quote} A wave higher would be possible in that case the count would be at minute 3 complete instead of minor 3 complete probably. But I'm seeing price in a supply zone printing a daily bearish candle with RSI at +80.. think a correction is coming. Is the timing right? Can't say 100%.. never can. A more conservative approach (for trading) would be to draw a TL below previous lows and wait for the breakout (bearish territory). I'm just sharing the count. Grtz
Thanks
  • #110,388
  • Jun 8, 2020 11:37pm Jun 8, 2020 11:37pm
Marking 1.1307 as nearest resistance on H4.. Only an H4 candle close above this level can change my bearish bias..

Stay Green
Focus only on what truly matters!
  • #110,389
  • Jun 9, 2020 12:06am Jun 9, 2020 12:06am
I'am short.
TL 1.122 based on 1Hr AM200 & weekly AM100- just above it-.
TL 1.12 Based on 4Hr AM50 - Just above it-.
TL 1.108 based on Weekly AM50 & Kijun-sen 26.

SL 1.133 to have a room for the price.
  • #110,390
  • Jun 9, 2020 12:19am Jun 9, 2020 12:19am
today range 1.12600-- 1.13300
Like me, cuts losses quickly. But has more patience and lets his winn
  • #110,391
  • Jun 9, 2020 12:28am Jun 9, 2020 12:28am
Quoting M.Fadly
today range 1.12600-- 1.13300
My daily range view is a little different.. I think it will be about 1.1245 first... If wave 4 drops deeper we also could revisit 1.1183 area today or tomorrow.. Bulls need a daily close at least above 1.1305.. Time will tell..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D-Gartley.png Size: 35 KB
Focus only on what truly matters!
  • #110,392
  • Jun 9, 2020 12:35am Jun 9, 2020 12:35am
A 4hr close below 1,1280, then no above 1.13. Will enter short between 1.1274 - 1.1283. 1.1285 is today's resistance.
  • #110,393
  • Jun 9, 2020 12:44am Jun 9, 2020 12:44am
Marking 1.1280 as nearest resistance on H4.. As long as any H4 candle doesn't close above this level I keep my bearish bias..

Stay Green
Focus only on what truly matters!
  • #110,394
  • Jun 9, 2020 12:46am Jun 9, 2020 12:46am
Quoting Wavegarrick
Hi Guys. No quarter inch is given no quarter-inch taken. It is what it is until the winner emerges. there are no winners yet and we can only speculate. Cheers {image}
Good morning, sir.
It seems the sell is maturing and I'm planning to open sell trades in the next hourly candle below the rectangle/support.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 66 KB
Plan your trades and trade your plan.
  • #110,395
  • Jun 9, 2020 12:52am Jun 9, 2020 12:52am
Scalp try long @1.26 to TP 1.277 SL 1.249
Then from there, depending on price action, a short to ~1.24.
When the trumpet sounds, you won't be able to hear the techno anymore.
  • #110,396
  • Jun 9, 2020 12:55am Jun 9, 2020 12:55am
Quoting jonasdao
Scalp try long @1.26 to TP 1.277 SL 1.249 Then from there, depending on price action, a short to ~1.24.
1.1260... 1.1277 1.1249... 1.1240.. It is just a digit but it does matter..

Stay Green
Focus only on what truly matters!
  • #110,397
  • Jun 9, 2020 1:01am Jun 9, 2020 1:01am


You are right!
It does matter in many ways. Like beeing focused, beeing accurate...

Switched sides @1.127
SL 1.129
TP 1.1245
When the trumpet sounds, you won't be able to hear the techno anymore.
  • #110,398
  • Jun 9, 2020 1:18am Jun 9, 2020 1:18am
Wow!
TP reached.
Almost went out at 1.1255
I really love the feeling, when the TP gets triggerd!
When the trumpet sounds, you won't be able to hear the techno anymore.
  • #110,399
  • Jun 9, 2020 1:21am Jun 9, 2020 1:21am
Quoting jonasdao
Wow! TP reached. Almost went out at 1.1255 I really love the feeling, when the TP gets triggerd!
Spitze.. Gut gemacht..

Stay Green
Focus only on what truly matters!
  • #110,400
  • Jun 9, 2020 1:25am Jun 9, 2020 1:25am
Quoting Ata-Turkoglu
{quote} My daily range view is a little different.. I think it will be about 1.1245 first... If wave 4 drops deeper we also could revisit 1.1183 area today or tomorrow.. Bulls need a daily close at least above 1.1305.. Time will tell.. Stay Green {image}
Oh Ata, it reached 1.1245
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