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  • #118,581
  • Nov 12, 2020 6:53am Nov 12, 2020 6:53am
Maybe bulls are laying ambush at 1.17878-weekly pivot, watch out!!!
  • #118,582
  • Nov 12, 2020 7:01am Nov 12, 2020 7:01am
waiting ny open for close of 4h candle.

1.18 is critical point for bulls to continue.
  • #118,583
  • Nov 12, 2020 7:09am Nov 12, 2020 7:09am
With the chair/president and governor of 3 big banks waiting to speak same day -- looking for a directional bias might be rather a herculean task...
Mean reversions might be a better option..
  • #118,584
  • Nov 12, 2020 7:11am Nov 12, 2020 7:11am
Quoting Traderview
{quote} It's ok. An hr close below 1.1806 would open the door to 1.1792. To achieve above 1.1860 or even higher to 1.1880, the support 1.1792 should get retested before any further move. Lets see
This is the retest.
Another day, another dollar.
  • #118,585
  • Nov 12, 2020 7:15am Nov 12, 2020 7:15am
Quoting nic9man
{quote} This is the retest.
Could be but 1.1772 - 1.1792 is bulls area. Now make the move wisely.
  • #118,586
  • Nov 12, 2020 7:21am Nov 12, 2020 7:21am
Quoting jmoreno
from 1.1815, i am scaling into it with sell trades, exit price is 1.17944
it was a bull trap.
  • #118,587
  • Nov 12, 2020 7:28am Nov 12, 2020 7:28am
Quoting bigiivan
Waiting to correct to buy.
Buy at 1,1798.
Trying something new. This is M15.
  • #118,588
  • Nov 12, 2020 7:37am Nov 12, 2020 7:37am
I bought the dip @1,1799. SL = below the DPP (1,1785)

Let’s see.
  • #118,589
  • Nov 12, 2020 7:39am Nov 12, 2020 7:39am
Quoting Jt1982
{quote} omg Ata you are mostly right.. hope u are wrong this time cos i went opposite
1.1777 is still possible but it is better to use it for buy opportunities or profit taking of short orders in case we go there inside the next 3 to 4 hours.. My personal thinking!

Stay Green
Focus only on what truly matters!
  • #118,590
  • Nov 12, 2020 7:40am Nov 12, 2020 7:40am
H1 close above or below one of these levels will determine my BIAS for tis sleepy thing!
I would like for BEARS to win! (Lets don't forget the COT! One of the strongest tools to determine the weekly bias)
Better to see the whole picture.
Attached Image
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1 1.png Size: 119 KB
  • #118,591
  • Nov 12, 2020 7:49am Nov 12, 2020 7:49am
I hope forex factory can invest in research for Trader's Itch vaccine ....
we all are prone to it.....
  • #118,592
  • Nov 12, 2020 7:55am Nov 12, 2020 7:55am
Quoting Traderview
{quote} It's ok. An hr close below 1.1806 would open the door to 1.1792. To achieve above 1.1860 or even higher to 1.1880, the support 1.1792 should get retested before any further move. Lets see
Wow man, you completely nailed it.

Btw guys, on todays tops there was a perfect broadening rising bear wedge signalling a correction. I missed it as I usually only look for normal wedges, however, I now noticed that these rising wedges also occur frequently in the EURUSD.
Another day, another dollar.
  • #118,593
  • Nov 12, 2020 7:59am Nov 12, 2020 7:59am
[quote = Ata-Turkoglu; 13259873] {quote} 1.1777 todavía es posible, pero es mejor usarlo para oportunidades de compra o toma de ganancias de pedidos cortos en caso de que vayamos dentro de las próximas 3 a 4 horas. ¡Mi pensamiento personal! Mantente verde [/ quote]
Ata posiblemente hasta que nivel se puede sostener las compras abiertas hasta el momento. Gracias por la info.
  • #118,594
  • Nov 12, 2020 8:01am Nov 12, 2020 8:01am
Here it was, looking nearly exactly like the one which I missed in Aug/Sep with daily candles at the year highs. Seems that this pattern is worth watching.
Attached Image (click to enlarge)
Click to Enlarge Name: Broadening Rising Wedge.PNG Size: 43 KB
Another day, another dollar.
  • #118,595
  • Nov 12, 2020 8:14am Nov 12, 2020 8:14am
Quoting nic9man
Here it was, looking nearly exactly like the one which I missed in Aug/Sep with daily candles at the year highs. Seems that this pattern is worth watching. {image}
Even in intraday don't go below 15min. No pattern is considered as valid below 1hr.
  • #118,596
  • Nov 12, 2020 8:16am Nov 12, 2020 8:16am
Quoting nic9man
{quote} Wow man, you completely nailed it. Btw guys, on todays tops there was a perfect broadening rising bear wedge signalling a correction. I missed it as I usually only look for normal wedges, however, I now noticed that these rising wedges also occur frequently in the EURUSD.
Now wait for move to 1.1781.
  • #118,597
  • Nov 12, 2020 8:21am Nov 12, 2020 8:21am
Are the bulls still coming?
  • #118,598
  • Nov 12, 2020 8:25am Nov 12, 2020 8:25am
As a transvetite bear maybe .......
  • #118,599
  • Nov 12, 2020 8:30am Nov 12, 2020 8:30am
Quoting Kingskid007
Are the bulls still coming?
With that level of engulfing on 30mins, i don't think so... We should see 1.17200 soon and possibly lower
Risk comes from not knowing what to do
  • #118,600
  • Nov 12, 2020 8:33am Nov 12, 2020 8:33am
Quoting klm1011
As a transvetite bear maybe .......
I see what you did there
Risk comes from not knowing what to do
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