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  • #134,461
  • Jun 10, 2021 4:00am Jun 10, 2021 4:00am
Quoting OnlineAddict
{quote} Sounds rather desperate...I don't see any technicals or fundamentals supporting a move like that. 2080 and less in much more likely, just from looking at the chart setup.
Let the price talk not tongue or fingers
  • #134,462
  • Jun 10, 2021 4:02am Jun 10, 2021 4:02am
Quoting Ihlas
{quote} Let the price talk not tongue or fingers
If you can't find a reasoning for your target, then its just like Vegas...you guess a number and then hope for the best.
Everyone can see the chart, but only a few can actually read it.
  • #134,463
  • Jun 10, 2021 4:05am Jun 10, 2021 4:05am
Quoting OnlineAddict
{quote} If you can't find a reasoning for your target, then its just like Vegas...you guess a number and then hope for the best.
Everyone can see the chart, but only a few can actually "read" it.
I'm reading it.
Let's what will happen
  • #134,464
  • Jun 10, 2021 4:06am Jun 10, 2021 4:06am
1st chart that i shared on Last Friday and compare it with today. Bulls have no other option other than closing daily above 1.22. Bears need to break below this support zone 1.2150 - 1.2180.

1.2160 - 1.2190 all could be fake moves on both sides. Careful. Wait for at least a 30min bar to close and then use the retest.
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  • #134,465
  • Jun 10, 2021 4:06am Jun 10, 2021 4:06am
Quoting Ihlas
{quote} Everyone can see the chart, but only a few can actually "read" it. I'm reading it. Let's what will happen
Well, good luck then. I will be happy with anything above 2200 for new shorts.
Everyone can see the chart, but only a few can actually read it.
  • #134,466
  • Jun 10, 2021 4:10am Jun 10, 2021 4:10am
Meanwhile on M15..

Now MACD has given a long signal (for now it is an aggressive signal but that can shift further into a stronger signal ONCE/IF candles can close above 1.21715).. This level is close to sma200 area and bulls have to defeat that resistance as well.. Time will tell
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Focus only on what truly matters!
  • #134,467
  • Jun 10, 2021 4:15am Jun 10, 2021 4:15am
There are 0 patterns in gambling.. BUT there are a lot of patterns on charts.. Know the difference.. Those who don't know and can't see and don't own the skills to identify these patterns, yes trading is definitely gambling for them..

*In whatever field we are, whenever there is the slightest form of a pattern, we are able to plan ahead and foresee!
Focus only on what truly matters!
  • #134,468
  • Jun 10, 2021 4:24am Jun 10, 2021 4:24am
Quoting Ata-Turkoglu
Meanwhile on M15.. Now MACD has given a long signal (for now it is an aggressive signal but that can shift further into a stronger signal ONCE/IF candles can close above 1.21715).. This level is close to sma200 area and bulls have to defeat that resistance as well.. Time will tell {image}
lol
trading is simple but is simple is not easy.
  • #134,469
  • Edited 4:41am Jun 10, 2021 4:27am | Edited 4:41am
Quoting ZenNy
{quote} lol
Probably my charts mean not much for your "one trade a day" approach.. BUT here we are watching bulls trying

*Now I want to see if my DAILY support level 1.2162 becomes support or not on M15!
Focus only on what truly matters!
  • #134,470
  • Jun 10, 2021 4:47am Jun 10, 2021 4:47am
Quoting Ata-Turkoglu
Meanwhile on M15.. Now MACD has given a long signal (for now it is an aggressive signal but that can shift further into a stronger signal ONCE/IF candles can close above 1.21715).. This level is close to sma200 area and bulls have to defeat that resistance as well.. Time will tell {image}

Which patterns are more important for you, which ones do you trust

Thanks
  • #134,471
  • Jun 10, 2021 4:48am Jun 10, 2021 4:48am
This is what I expect today. Something like this! (NOT in a straight LINE of course)
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  • #134,472
  • Jun 10, 2021 5:00am Jun 10, 2021 5:00am
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NEXT stop IMO!
  • #134,473
  • Jun 10, 2021 5:10am Jun 10, 2021 5:10am
Meanwhile on H1...

Watching H1 chart in sync with my D1, H4 and M15 charts.. If price can stay above 1.2161 all good for future bulls!

We are back at critical moments.. Let's see
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Focus only on what truly matters!
  • #134,474
  • Jun 10, 2021 5:13am Jun 10, 2021 5:13am
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the channel upper line or lower line act as resistance in a downtrend as macd still below zero
Trends have a higher probability of continuing than not.
  • #134,475
  • Jun 10, 2021 5:18am Jun 10, 2021 5:18am
Why people are targeting 1.23xx.

There is a major supply zone in that area, created by the banks' buying/selling activity on Jan. 6th and 7th, (see ellipse). As I understand it, banks bought hard on the 6th to create the liquidity in order to sell on the 7th. So they have losing long positions up in that level that they need to balance out. That's why we think we'll eventually print 1.2285 - 1.2345 or so.

We know it's going to go there, because we know the absolute truth that the banks do not lose money on purpose. But we don't know when it's going to go there.

All this choppy price action recently is designed to create liquidity in order to push the price higher. It's not easy for them to just buy and push the price there, they need to create the conditions to invite the counterparties for their trades. It may very well go to 1.2000 first, if that's the path it needs to take. Nobody knows for sure.
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  • #134,476
  • Jun 10, 2021 5:19am Jun 10, 2021 5:19am
Quoting Ata-Turkoglu
{quote} I am noticing that you are throwing in comments on various threads but without any charts at all.. I have to remind you that this thread is strongly based on "reasoning"... It would be nice to see your ideas backed up by charts from time to time.. Thanks for your cooperation!
I hate these out of ass junk posts. Waste of time reading those.
  • #134,477
  • Jun 10, 2021 5:23am Jun 10, 2021 5:23am
Quoting Bartolomeus
{quote} I hate these out of ass junk posts. Waste of time reading those.
I hear you buddy, that's why I am trying to convince members to post with explanations.. Maybe I make it a rule in the future but then I have to block those who don't agree with and things can escalate.. I don't want that either.. So I am tolerating for now..
Focus only on what truly matters!
  • #134,478
  • Jun 10, 2021 5:28am Jun 10, 2021 5:28am
Attached Image
Statement and press conference at the same time.
That was not always so.
As she just reads the statement at the press conference they changed that
Trends have a higher probability of continuing than not.
  • #134,479
  • Jun 10, 2021 5:30am Jun 10, 2021 5:30am
Attached Image
I miss Draghi and Josephine. Those were the days.
Trends have a higher probability of continuing than not.
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