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  • #121,801
  • Dec 11, 2020 1:24am Dec 11, 2020 1:24am
15M triangle forming in euro
MTF PA with indicators = a winning team
  • #121,802
  • Dec 11, 2020 1:35am Dec 11, 2020 1:35am
Quoting Traderview
These large moves really tempting and it's not all good for both ways. But 1.2156 is monthly resistance. Bulls badly need the week to close above 1.2156 otherwise it'll be very difficult for them. The daily close below 1.2138, then likely we'll see sideways move for tomorrow. Watch this inner Black TL, i shared before. {image} {image}
Today and yesterday
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Click to Enlarge Name: Screenshot (278).png Size: 330 KB
  • #121,803
  • Dec 11, 2020 1:40am Dec 11, 2020 1:40am
Quoting Ata-Turkoglu
{quote} I am really not sure right now after replying to your post I had second thoughts and edited my response.. I am now thinking of the possibility of a larger C wave down.. Still not sure so for now yes, 1.2110.. 1.2105 area roughly will be on my radar as well.. Let's see.. Stay Green
So seems the retrace came a bit earlier at around 1.2113, im still expecting further downside for the day, doubt we will be able to take out 1.2058 low today, maybe by next week
  • #121,804
  • Dec 11, 2020 1:44am Dec 11, 2020 1:44am
Quoting BeeTogether
{quote} Tell me about it! It went south instead! However I suppose a break above the weekly high should open up 122?
I think today is dedicated to bears.. it looks like the bull continuation has to wait some more.. But yes, eventually and as long as 1.2100 supports we should arrive at 1.2200..

Stay Green
Focus only on what truly matters!
  • #121,805
  • Dec 11, 2020 1:44am Dec 11, 2020 1:44am
Upper side limited to 1.2138 - 1.2146.
  • #121,806
  • Dec 11, 2020 1:46am Dec 11, 2020 1:46am
Attached Image
  • #121,807
  • Dec 11, 2020 1:48am Dec 11, 2020 1:48am
Quoting Traderview
{quote} Today and yesterday {image} {image}
True.. to me it looks like typical stall after flag breakout.. Not a bearish sign at all.. Still better and safer to chase longs at dips imho..

Stay Green
Focus only on what truly matters!
  • #121,808
  • Dec 11, 2020 1:57am Dec 11, 2020 1:57am
Quoting fxmasterdxb
{quote} So seems the retrace came a bit earlier at around 1.2113, im still expecting further downside for the day, doubt we will be able to take out 1.2058 low today, maybe by next week
Hm! Good point!
But there is a MACD divergence on H4 and we know today is frYYYday, that's why 1,2058 is not impossible I think.
  • #121,809
  • Dec 11, 2020 2:02am Dec 11, 2020 2:02am
Quoting bigiivan
{quote} Hm! Good point! But there is a MACD divergence on H4 and we know today is frYYYday, that's why 1,2058 is not impossible I think.
everything is possible buddy, im just not sure if it has the fuel to do so, would be awesome for me to drop beyond 1.2058
  • #121,810
  • Dec 11, 2020 2:05am Dec 11, 2020 2:05am
Quoting Ata-Turkoglu
we should arrive at 1.2200.. Stay Green
For our money management and long term S/L and T/P we should expect 1.25 someday sooner or later. Slowly like a snail, but steady as a squirrel collecting nuts.
  • #121,811
  • Dec 11, 2020 2:08am Dec 11, 2020 2:08am
Quoting fxmasterdxb
{quote} everything is possible buddy, im just not sure if it has the fuel to do so, would be awesome for me to drop beyond 1.2058
Expect a level 91,00 in a few. Than though level 91,237.
  • #121,812
  • Dec 11, 2020 2:09am Dec 11, 2020 2:09am
Quoting Ata-Turkoglu
{quote} True.. to me it looks like typical stall after flag breakout.. Not a bearish sign at all.. Still better and safer to chase longs at dips imho.. Stay Green
Yeah. I know. I mentioned one of the posts on yesterday, sideways for today. But looking at daily the close below 1.2120, will make it to go inside channel and on the candlestick perspective a price rejection of 1.21.

Let's see
  • #121,813
  • Dec 11, 2020 2:16am Dec 11, 2020 2:16am
Quoting fxmasterdxb
{quote} everything is possible buddy, im just not sure if it has the fuel to do so, would be awesome for me to drop beyond 1.2058
The banks who own this game can take it anywhere they want, whenever, regardless, or rather against, any pattern or trendline to make whatever new pattern or trendline or wave count suits them.
Practitioner of the cryptic trading arts
  • #121,814
  • Dec 11, 2020 2:30am Dec 11, 2020 2:30am
As long as H1 does NOT close below 1.2097 my bias is still BULLISH. I expect a retracement as lo as 1.2102 and still be BULLISH.
To confirm BULLISH bias I want to see H1 close back above 1.2150.
My TARGET remains above last weeks HIGH.
Attached Image (click to enlarge)
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  • #121,815
  • Dec 11, 2020 2:31am Dec 11, 2020 2:31am
Quoting Endoephemera
{quote} The banks who own this game can take it anywhere they want, whenever, regardless, or rather against, any pattern or trendline to make whatever new pattern or trendline or wave count suits them.
So are you suggesting that our technical analysis is meaningless and we should place trades like gambling?
  • #121,816
  • Dec 11, 2020 2:33am Dec 11, 2020 2:33am
My daily view (* this mean i look at daily candle ok guys) is ranging with slight bearish though it start to loose grip
Only daily close above 1.2147 will switch it back to bull. higher the better

If you look at dx.. every time it broke above 90.990 it always brought back down below it which isn't funny anymore.
Don't mind me.. i'm crazy
  • #121,817
  • Dec 11, 2020 2:34am Dec 11, 2020 2:34am
This is a GOOD sign for BULLS!!! On EURO.
Attached Image (click to enlarge)
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  • #121,818
  • Dec 11, 2020 2:38am Dec 11, 2020 2:38am
Quoting Endoephemera
{quote} The banks who own this game can take it anywhere they want, whenever, regardless, or rather against, any pattern or trendline to make whatever new pattern or trendline or wave count suits them.
Get better in reading the clues of what banks will do next with help of technicals and don't over complicate things.. No need to fear.. Focus is all we need.. Let's continue sharing ideas around EURUSD shall we? Thanks..

Stay Green
Focus only on what truly matters!
  • #121,819
  • Dec 11, 2020 2:41am Dec 11, 2020 2:41am
Quoting Endoephemera
{quote} The banks who own this game can take it anywhere they want, whenever, regardless, or rather against, any pattern or trendline to make whatever new pattern or trendline or wave count suits them.
They don't hide. Big down candles today for example
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