EURUSD only

Quoting Wavegarrick

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{quote} Hi Guys, I am getting this sinking feeling that time is running out for bulls. If we don't have a powerful break above my little descending trend line soon I am afraid it could swing back down again. I am already getting bearish signals with my indicators, but the most telling indication for me is that we could be going through a sequence of daily lower highs and lows again. A new daily low below yesterdays low at 1.12586 ish could spell the end of bull power. Not that we have seen much of it LOL Down below at 1.1230 ish we have strong...

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Quoting Wavegarrick

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{quote} Test the water sell trade opened at 1.12794. tight s/loss 20 pips.

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Quoting bpola

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Bulls need a close outside this triangle pattern to push higher. Stay safe. Stay green. {image}

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Quoting ursinho4711

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{quote} With all these hammers around, I prefer to trade without S/L. Looks like these spikes are just made to trigger the S/L that people put... I prefer to hegde with a close buy/sell-stop and then follow with a trailing stop.

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Quoting samidhabri

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{quote} Situation is still the same for me i.e. top blue line acting as a good support. added to my long position. bias remains bullish {image}

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Quoting lucky1359

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{quote} This i quoted long time back Dollar Doesn't move the market now its the euro who does

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Quoting Wavegarrick

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{quote} Hi Guys, I am getting this sinking feeling that time is running out for bulls. If we don't have a powerful break above my little descending trend line soon I am afraid it could swing back down again. I am already getting bearish signals with my indicators, but the most telling indication for me is that we could be going through a sequence of daily lower highs and lows again. A new daily low below yesterdays low at 1.12586 ish could spell the end of bull power. Not that we have seen much of it LOL Down below at 1.1230 ish we have strong...

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Quoting Ata-Turkoglu

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Weekly Outlook Two similar situations where we witness a "cup" formation.. The earlier one was direct and we could see a clear and quick drop back to point 1.. However in the recent one there is a lot of hesitation to reach point 1 (1.1495).. So, intraday wise we must wait for a clear breakout from current trendline (black upwards arrow on chart) to begin thinking bearish.. In other words: On this timeframe situation is maybe hesitant but still bullish.. I hope it helps.. Stay Green {image}

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Quoting nic9man

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It will break like a pile of bricks hit by the head of a Japanese karate fighter.

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Quoting Ata-Turkoglu

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H4 Status Update I had 2 buy orders from 1.1277 and 1.1288 and I just closed them here at yellow stripe: 1.1333.. I am on sidelines now.. I want to see a clear candle close above this area before I can rely on bullish continuation.. Time will tell.. Patience, because 3 hours until this candle closes! Zzzzzzz! Stay Green {image}

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Quoting Traderview

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{quote} Why'd you close it? It could easily touch 1.1354. I have buy from 1.1293. Entered bit late after the last 4hr close.

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Quoting Ata-Turkoglu

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If price touches 1.1354 it will also cancel out the original H&S pattern.. Until that happens always keep the possibility in the back of your heads that bears are lurking around 1.1333/53 for a sudden attack! These last 20 pips to the upside will be very interesting and I have no interest in standing in the middle of this brutal war! Stay Green

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