EURUSD only

Eurusd all time projection. Notice anything?
Let me help.

H1 Status Update

Bulls are trying hard to slow down bears (blue trend line).. 1.18655 is current aggressive sell level on this time frame and bears still have the upper hand.. If bears break through the low, my next DAILY support area and potential lowest low for tomorrow sits at 1.1816.. I hope it helps..

Bro, please explain.

I don't understand anything...

Interesting Wave analysis of the EURUSD by Elliott Wave Street:

Channeling move lower, next LEMA cloud on the bottom of the image


4.5x stretch was reached

Current moratorium level at 1.18299, mean is at 1.2032


it sure looks to have made up its mind

the theme is: one push down from the zone and a secondary push at the shadow line
like a space ship course correcting on low burner

this is what I mean



downside volatility is dying: the secondary pushes only made 1 pip progress this time around

Really?

Doc Severson had this analogy: like a dog with a bone in its mouth shaking from side to side - this is how a market turns, shaking off everybody on both sides

It may not look it right now, but consider the following: volatility gets worked up for a major whip

I remember seeing sequences like these in Forex before (by which I mean EUR/USD of course): 4-5x stretch from the mean in one direction, then 4-5x stretch in the other direction (preferably incrementally larger) before the major whip topping out in the 9-10x region

4.5x stretch is on the upside is currently at 1.2179 and of course declining by 2 pips an hour

I have a sell limit @ 1.18894
Sl 50 pips
Tp 1.18013

Imo the real buy will come at the round number 1.18000 area. 200ema is currently drawing price on daily, expect bulls to show their faces tomorrow or next

I suggest to you, you must know. Nothing is impossible in market. You must open minded about market. We analysis to minimum risk.

Buy limit an active.

Waterfall day?

Maybe

time to buy for correction .... testing 1.18749 as resistance .... last target down is 1.15 then go to parity level ... If prices continue to fall, this is proof that prices go up and down, not due to orders from retail traders, as people have called the EU buyers' troops.

It’s still lower Low, lower high. No sign of change as yet. Why look for trend change to rebound?

Buy @1.18359
Tp 1.19
Sl 1.1810

My aim to 1.2240 if cant break my SL.

Sl @ BE.

My Plan for Today
The breakdown has completed slightly more than a measured move from the breakdown, signaling to me that the down trend wants to continue.

The immediate H1 trend line has broken in the Asian session, so I'll be watching now the nature of any relief rally.

Day Trade Plan
I am using the Friday structure as resistance and looking for short setups if price gets above its pivot point level today above 1.1875 and below 1.1905ish. If price starts to make a higher high and challenge/break the R1, then I'll stand back as to me it will signal possibly something more bullish.

Swing Trade Plan
Starting to keep and eye out for an entry. I think the setup may take more than a day to develop though, but will look for some level that bulls begin to defend and fail on the H4.