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  • #118,801
  • Nov 16, 2020 4:50am Nov 16, 2020 4:50am
False breakout above 61 fibo must hit hard on bulls morale.. We'll see in a couple hours
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  • #118,802
  • Nov 16, 2020 5:18am Nov 16, 2020 5:18am
Quoting andvk74
On the other hand if H1 will close below 1.18415, I think we'll go down to fill the GAP. {image}
Still unclear what's next, so I'm waiting.
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  • #118,803
  • Nov 16, 2020 5:22am Nov 16, 2020 5:22am
Quoting Ata-Turkoglu
{quote} I would not call it "bears coming in" yet.. These are mild retracements and retests since price is still above 1.1825.. I trade mixed for now.. I am planning to scalp-sell 1.1855 area and also scalp-buy 1.1825 area.. Whichever comes first.. *Not the perfect tool but just as a rough guide.. smart money seems to be bullish still.. Stay Green {image}
Is this statistics from forexfactory or from your broker?
Another day, another dollar.
  • #118,804
  • Nov 16, 2020 5:23am Nov 16, 2020 5:23am
Quoting klm1011
A megaphone formation at the top of a rising wedge .... lets see what price action wants to do ..........
Can you please send a picture of what you mean or name the frequency your are looking at?
Another day, another dollar.
  • #118,805
  • Nov 16, 2020 5:24am Nov 16, 2020 5:24am
Quoting Traderview
{quote} From 1.1849 to 1.1860 all are good place to sell and resistance zone, especially no 1hr closes above 1.1854.
So back to selling after you considered a buy once..
Another day, another dollar.
  • #118,806
  • Nov 16, 2020 5:38am Nov 16, 2020 5:38am
Quoting nic9man
{quote} Can you please send a picture of what you mean or name the frequency your are looking at?
Ascending wedge is visible on H1 - quite clearly.
Megaphone more so on M15 at upper end on the H1 Ascending wedge.
Hope this helps.
  • #118,807
  • Nov 16, 2020 5:44am Nov 16, 2020 5:44am
Quoting nic9man
{quote} Is this statistics from forexfactory or from your broker?
Forexfactory trade explorers from various brokers..

Stay Green
Focus only on what truly matters!
  • #118,808
  • Nov 16, 2020 5:45am Nov 16, 2020 5:45am
Quoting Ata-Turkoglu
{quote} I would not call it "bears coming in" yet.. These are mild retracements and retests since price is still above 1.1825.. I trade mixed for now.. I am planning to scalp-sell 1.1855 area and also scalp-buy 1.1825 area.. Whichever comes first.. *Not the perfect tool but just as a rough guide.. smart money seems to be bullish still.. Stay Green {image}
Hello, I think the bears will be alright, since they brought it down from 1.1869. Bulls are also looking good for DXY.
  • #118,809
  • Edited 6:09am Nov 16, 2020 5:53am | Edited 6:09am
I see strong support at 1.1825-1.1830 region due to the trendline coming from the 4.11 low. If this does not hold we might drop back to 1.1720.
EDIT: Just witnessed an impressive rebound from the stated support.
Another day, another dollar.
  • #118,810
  • Nov 16, 2020 6:08am Nov 16, 2020 6:08am
Monday I always avoid trading. Only does observation of the PA. Many times the ambush happens like today with Moderna news. If dollar will rise with this extra enthusiasm we can see the retest of the 1.18200
  • #118,811
  • Nov 16, 2020 6:20am Nov 16, 2020 6:20am
WTF was that? Did I miss some news? Good that I had some buy limits on the way ;-)
  • #118,812
  • Nov 16, 2020 6:22am Nov 16, 2020 6:22am
Quoting ursinho4711
WTF was that? Did I miss some news? Good that I had some buy limits on the way ;-)
Vaccine news. They found a way to store it in regular fridge temperatures, earlier it had to be stored in crazy cold temps
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  • #118,813
  • Nov 16, 2020 6:24am Nov 16, 2020 6:24am
Quoting sulai45
{quote} Hello, I think the bears will be alright, since they brought it down from 1.1869. Bulls are also looking good for DXY.
Nice reaction from 1.1825 support level as anticipated.. No surprise for me

Stay Green
Focus only on what truly matters!
  • #118,814
  • Nov 16, 2020 6:26am Nov 16, 2020 6:26am
Quoting Ata-Turkoglu
{quote} Nice reaction from 1.1825 support level as anticipated.. No surprise for me Stay Green
You da man. Let's load up on those dips.
I will tear the world apart for you.
  • #118,815
  • Nov 16, 2020 6:31am Nov 16, 2020 6:31am
Quoting Barnell
{quote} You da man. Let's load up on those dips.
I keep buying dips to 1.1825 only by knowing that 1.1862 is my limit target on M15..

Stay Green
Focus only on what truly matters!
  • #118,816
  • Nov 16, 2020 6:33am Nov 16, 2020 6:33am
Hoping to see 1.190 today, and also 1.182 to be today's lowest
  • #118,817
  • Nov 16, 2020 6:35am Nov 16, 2020 6:35am
Quoting Kingskid007
Hoping to see 1.190 today, and also 1.182 to be today's lowest
1.1840 area was highly resistant on Friday.. I think it will be an obstacle for the next 2 to 4 hours.. (Hopefully not but beware)

Stay Green
Focus only on what truly matters!
  • #118,818
  • Nov 16, 2020 6:47am Nov 16, 2020 6:47am
Quoting 5astelija
Vaccine news. They found a way to store it in regular fridge temperatures, earlier it had to be stored in crazy cold temps
Yeah, probably someone needs to sell his shares (remember Pfizer last week?).

Would not have thought to have that great impact. (even if it's forbidden here: XAUUSD!!!)
  • #118,819
  • Nov 16, 2020 6:51am Nov 16, 2020 6:51am
Quoting Ata-Turkoglu
{quote} 1.1840 area was highly resistant on Friday.. I think it will be an obstacle for the next 2 to 4 hours.. (Hopefully not but beware) Stay Green
Thanks for the heads up
  • #118,820
  • Nov 16, 2020 6:55am Nov 16, 2020 6:55am
Quoting Kingskid007
{quote} Thanks for the heads up
1.1840 More precisely: 1.1851... It seems to be a little stubborn to let bulls pass back above.. Patience!

Stay Green
Focus only on what truly matters!
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