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  • #134,901
  • Jun 15, 2021 5:35am Jun 15, 2021 5:35am
Meanwhile on M15..

  1. Candles are squeezed from both directions.. My H1 green line is acting supportive for now and I haven't got any bullish signal yet..
  2. My black colored envelope is acting resistant and therefore no buying while below..
  3. I will be on side lines until I see early signs of bulls.. Nothing yet!
  4. I deliberately have chosen not to sell this (at least not while candles still open above H1 GREEN line)
  5. I also expect potential sell pressure from the 1.2136/41 zone labeled in red once/if price gets back there!
  6. Don't stress it inside these hours.. After US data comes out we can decide with a clear mind.. No rush!

Attached Image (click to enlarge)
Click to Enlarge Name: M15_Status.png Size: 40 KB
Focus only on what truly matters!
  • #134,902
  • Jun 15, 2021 5:49am Jun 15, 2021 5:49am
Okay, sidelines, too. This has to be resolved, and now there's no good indication of further direction whatsoever.
  • #134,903
  • Jun 15, 2021 6:10am Jun 15, 2021 6:10am
Hi All,

Today Support Zone between 1.21126 to 1.20920


Resistance zone between 1.21621 to 1.21852


if support level breaks we could see big down fall
Attached Image (click to enlarge)
Click to Enlarge Name: dc57ae76c3863c9622fcc66a98a73d41.png Size: 37 KB
  • #134,904
  • Jun 15, 2021 6:17am Jun 15, 2021 6:17am
Inserted Video


Trends have a higher probability of continuing than not.
  • #134,905
  • Jun 15, 2021 6:25am Jun 15, 2021 6:25am
Quoting eurusd-thijs
https://www.youtube.com/watch?v=JJ9CS0KUZvY
Even if the morrow is barren of promises, nothing shall forestall my return
  • #134,906
  • Edited 7:28am Jun 15, 2021 6:30am | Edited 7:28am
bearish target guys 1.205 /1.1946 ........ so be carefull to buy .... even in retail sales ... even average retail sales because trend is bearish ... price will be go down
The Average Discount Everything
  • #134,907
  • Edited 7:04am Jun 15, 2021 6:45am | Edited 7:04am
Quoting belon
... {image}
1.2082 - 1.2051 is a good zone for longs I think.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 140 KB

Daily is setting up quite nice for a long.
Decreasing volume, would like to see bullish candle and positive volume..
I think highest probability.
Probably no tapering, monthly bullish priceaction, trading with the long term trend, 60% of retail is short.
Attached Image (click to enlarge)
Click to Enlarge Name: E8YcC6iF.png Size: 181 KB
What's that smell? ---- I smell money!
  • #134,908
  • Jun 15, 2021 6:49am Jun 15, 2021 6:49am
Quoting SnaveForex
2130, 2146, 2161 area are now lines to watch
Ok...2146 seems to have held the bulls tight
  • #134,909
  • Jun 15, 2021 7:31am Jun 15, 2021 7:31am
Meanwhile on H4...

This drop is more than I expected and it turns out that it could have been shorted safely but I took the side lines.. Is well.. Now I am focused on Yellow triangle (1.2106/17) area which can stall both sides for a while.. If M15 candles can stay above: bullish.. If they drop below triangle: bearish! My two cents
Attached Image (click to enlarge)
Click to Enlarge Name: H4_Status.png Size: 23 KB
Focus only on what truly matters!
  • #134,910
  • Jun 15, 2021 7:33am Jun 15, 2021 7:33am
Quoting fxpipper
{quote} Still holding this long from Friday. Bought a dip along the way at 2121. Looking to exit in the mid-to-upper 2140s. Then short.
Price missed my TP by about a pip. I happened to wake up shortly after and had to close as it was coming down at around 2135.

Now a new buying opportunity. Long again at 2110. Same price as before.
  • #134,911
  • Jun 15, 2021 7:53am Jun 15, 2021 7:53am
Opened long at 1.2105.. Don't try at home.. lol
Stops should go at least 15 pips or lower..
Focus only on what truly matters!
  • #134,912
  • Jun 15, 2021 7:56am Jun 15, 2021 7:56am
Quoting Ata-Turkoglu
Opened long at 1.2105.. Don't try at home.. lol Stops should go at least 15 pips or lower..
im long too 1.2102 target profit 1.2200
Ride the wave with scalp.
  • #134,913
  • Jun 15, 2021 8:00am Jun 15, 2021 8:00am
I am on the beach with my yellow triangle
Attached Image

Beware of a tsunami
Trends have a higher probability of continuing than not.
  • #134,914
  • Jun 15, 2021 8:05am Jun 15, 2021 8:05am
Quoting louisfx
Added more shorts tp 1.20973
Still waiting for my tp @ 1.20973 (My daily S1) to get hit.
Make it Green
  • #134,915
  • Jun 15, 2021 8:07am Jun 15, 2021 8:07am
Quoting Ata-Turkoglu
Meanwhile on H4... This drop is more than I expected and it turns out that it could have been shorted safely but I took the side lines.. Is well.. Now I am focused on Yellow triangle (1.2106/17) area which can stall both sides for a while.. If M15 candles can stay above: bullish.. If they drop below triangle: bearish! My two cents {image}
Quoting Ata-Turkoglu
Opened long at 1.2105.. Don't try at home.. lol Stops should go at least 15 pips or lower..
Closed order at 1.2116 with +11 pips... (Remember: yellow triangle!)

*Until real breakout it is best to scalp only!
Focus only on what truly matters!
  • #134,916
  • Jun 15, 2021 8:10am Jun 15, 2021 8:10am
buy to risk before hit 1.2074 ........ structure still not complete
The Average Discount Everything
  • #134,917
  • Jun 15, 2021 8:13am Jun 15, 2021 8:13am
Quoting SnaveForex
{quote} Ok...2146 seems to have held the bulls tight
All eyes on the retest of 2146 and overshoot to 2167 area for fact checking.

Sorry for those selling lows but that is very wrong. Typically we either hit 2161 or cap it at 2130 ish
  • #134,918
  • Jun 15, 2021 8:16am Jun 15, 2021 8:16am
Quoting SteFX85
{quote} 1.2082 - 1.2051 is a good zone for longs I think.{image} Daily is setting up quite nice for a long. Decreasing volume, would like to see bullish candle and positive volume.. I think highest probability. Probably no tapering, monthly bullish priceaction, trading with the long term trend, 60% of retail is short. {image}
Yes, It's official. SNOOZE FEST FED MEETING. Nothing new. BLah blah, no tapering until End of this year.... blah blah No effing rates until end of next year..... Inflation screw effin inflation blah blah blah.

Everything is so far so good but we are not going to do anything. Byeeeeeee
  • #134,919
  • Jun 15, 2021 8:17am Jun 15, 2021 8:17am
Price is nearing upper edge of H4 yellow triangle and my H1 green line at 1.2121.. This time I am inclined to begin selling highs.. No rush though: waiting for signal..
Focus only on what truly matters!
  • #134,920
  • Jun 15, 2021 8:18am Jun 15, 2021 8:18am
Quoting fxpipper
{quote} Price missed my TP by about a pip. I happened to wake up shortly after and had to close as it was coming down at around 2135. Now a new buying opportunity. Long again at 2110. Same price as before.
still in mine from Friday. Woke up around 3am my time (5 hours ago) and saw I was finally in like 20 pips profit. Fell right back asleep in process of setting stop to be guess I didn’t click save on phone lol. Back underwater.
--post hoc ergo propter hoc--
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