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  • #118,661
  • Nov 13, 2020 1:04am Nov 13, 2020 1:04am
If 1.1816 holds, then look for the support below 1.18
  • #118,662
  • Nov 13, 2020 1:10am Nov 13, 2020 1:10am
My system is showing great fidelity , reading this PA at present , its not scrambled...
At present price is gone in to a super squeeze , drifting up slowly as we can see.
Now , the Strong and Super Strong resistances are still above the price , whilst a medium strength guiding support is below the price.
What does this mean for trading .......... Well until the resistances are broken price likely to continue down , however most of the time when i see this on my indicators ,
there is usually more than 90% probability of price going up though , no 100% gaurentees.
But with my system , the good sterling bit is , whichever way the price turns , it catches it early and very very good at avoiding false break outs.
So i will comment when this happens.......
The famous saying ,,,, the bigger the squeeze , the bigger the breakout.....
May the markets be with all of us today.
and i forgot to say Good Morning .
  • #118,663
  • Nov 13, 2020 1:21am Nov 13, 2020 1:21am
The price has dipped to the 1.1750 area briefly and now is back in the 1.1820 area. I believe it still can dip into the 1.1700 area.
EURUSD November in the Spotlight
GBPUSD November in the Spotlight
Risk Management is of utmost importance!
  • #118,664
  • Nov 13, 2020 1:22am Nov 13, 2020 1:22am
This is what happens when all the bankers talk at the same time .....
  • #118,665
  • Nov 13, 2020 1:29am Nov 13, 2020 1:29am
Quoting Alorente
{quote} Hello Ata. My system still calls for the drop. This is a deceiving setup. It looks bullish, but I cannot go against what my system tells me. I just opened a short position.
Based on H4, as long as price stays above 1.1792 I keep buying dips.. Nearest target: 1.1830..

Stay Green
Focus only on what truly matters!
  • #118,666
  • Nov 13, 2020 1:32am Nov 13, 2020 1:32am
I see price going to 1.186 when we cross 1.1825
  • #118,667
  • Nov 13, 2020 1:41am Nov 13, 2020 1:41am
Looks like a falling wedge on M5, think it is bullish.
Edit: Falling wedge just broke to the upside as expected.
Another day, another dollar.
  • #118,668
  • Nov 13, 2020 1:46am Nov 13, 2020 1:46am
Quoting Kingskid007
I see price going to 1.186 when we cross 1.1825
Based on H1, a candle close above 1.18177 will trigger bull power.. 15 more minutes..

Stay Green
Focus only on what truly matters!
  • #118,669
  • Nov 13, 2020 1:54am Nov 13, 2020 1:54am
Target of 1.1830 almost achieved.. Once/If that happens 1.1819 will become new support on M15.. (and I will keep buying dips.. Stops could go a little below 1.1804..)

Stay Green
Focus only on what truly matters!
  • #118,670
  • Nov 13, 2020 1:54am Nov 13, 2020 1:54am
Breakout on 15min, I think we're heading to 1.184
  • #118,671
  • Nov 13, 2020 1:59am Nov 13, 2020 1:59am
Playing out very nicely, did not get the retest as i thought but i guess the retest was lower down 1769

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 27 KB
Follow The Markets Structure - Patience and Discipline
  • #118,672
  • Nov 13, 2020 2:00am Nov 13, 2020 2:00am
Very likely break out to the upside....
  • #118,673
  • Nov 13, 2020 2:01am Nov 13, 2020 2:01am
The cows are shaking their udders all the way up! Welcome back bulls it’s been a long time
Insane in the Brain..
  • #118,674
  • Nov 13, 2020 2:01am Nov 13, 2020 2:01am
Houston we are good to go...
  • #118,675
  • Nov 13, 2020 2:02am Nov 13, 2020 2:02am
Quoting Maroc-Ismail
For tomorrow really simple: H1 and even better H4 close above 1,1819 means long to 1,1860-75.
More words are not necessary. Both timeframes agree.
  • #118,676
  • Nov 13, 2020 2:03am Nov 13, 2020 2:03am
H1 Status Update

  1. On this timeframe I can mark 1.1802 as main support..
  2. Potential rise could go all the way up to channel edge: 1.1864 and might not be limited with this level (that's the reason why I put a dashed line there implying weak resistance)

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 32 KB
Focus only on what truly matters!
  • #118,677
  • Nov 13, 2020 2:16am Nov 13, 2020 2:16am
Sell orders at 1.1870.

I think price will drop from there.
  • #118,678
  • Nov 13, 2020 2:19am Nov 13, 2020 2:19am
Just took profit again and I am on sidelines now.. Waiting for next dip towards 1.1819/22 zone..

Stay Green
Focus only on what truly matters!
  • #118,679
  • Nov 13, 2020 2:29am Nov 13, 2020 2:29am
Retest may not be fuller...
  • #118,680
  • Nov 13, 2020 2:34am Nov 13, 2020 2:34am
H4 Status Update

Bears put every obstacle they have onto bulls' path.. The red trendline is there to slow down bulls while grinding up towards 1.1877 levels.. We can clearly see that the overall rise will take time..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4-Status-Update.png Size: 30 KB
Focus only on what truly matters!
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