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EURUSD only

  • #135,861
  • Jul 6, 2021 5:46am Jul 6, 2021 5:46am
1.1849 was short signal but did not yet reach 20 pips profit

Attached Image (click to enlarge)
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Trends have a higher probability of continuing than not.
  • #135,862
  • Jul 6, 2021 6:57am Jul 6, 2021 6:57am
I am still expecting a revisit to 1.1855 at least if not higher.. No rush for re-selling this..
Focus only on what truly matters!
  • #135,863
  • Jul 6, 2021 7:49am Jul 6, 2021 7:49am
PA has been trying to leave the impression that 1.1846/⁷ is gonna become a resistance. We will see then.
  • #135,864
  • Jul 6, 2021 8:06am Jul 6, 2021 8:06am
Quoting eurusd-thijs
1.1849 was short signal but did not yet reach 20 pips profit {image}
20 pips
Trends have a higher probability of continuing than not.
  • #135,865
  • Jul 6, 2021 8:25am Jul 6, 2021 8:25am
EURUSD still in bearish trend ..big trend is bearish. so any pullback is a chance for good sell profit


and this is for motivation when ur so confirmed in a trend

Attached Image (click to enlarge)
Click to Enlarge Name: account double in one trade eurusd.png Size: 242 KB

account double in one trade setup EU confirm trend
  • #135,866
  • Edited 8:58am Jul 6, 2021 8:42am | Edited 8:58am
Quoting Ata-Turkoglu
H4 Status Update First of all: Bulls shall mind the red resistance line! That being said, based on MACD, bulls have actually gained the upper hand since price went above 1.1863! Now it is all up to breaking above the red TL! (Speaking in terms of price, breaking above: 1.1879 roughly) With current picture in mind, notice that this sideways PA actually brings bulls automatically above red resistance line the more time passes, which, IMHO, gives bullish robber banks the comfort not to rush... Today: US holiday, Wednesday: FOMC, Candles dancing...
Hey Ata, when you said "bullish robber banks" in the first quote, did you mean fake bullish move with a fake-down move before going up? Or did you mean just faking a bullish move before dropping? (does bullish robber banks mean fake up or fake down?) Just don't want to misinterpret your posts. Thanks!
  • #135,867
  • Edited Jul 7, 2021 3:27am Jul 6, 2021 9:07am | Edited Jul 7, 2021 3:27am
Attached Image

Listen and follow the indicator for eurusd m15 in european hours 9-13 (IC markets demo)==8 to 12 Frankfurt time.
My picture above (Jul 6, 12:46pm) shows how it looks like but it talks also so relax on the couch till it calls you.
Target TP 20 pips with a big SL of 100 pips and when contrarian arrow shows up just close if it is in loss or did not reach the TP and go for that new arrow.
Only the above mentioned hours to open trades and close.
PS. Wait till the candle is closed after an arrow shows up.

Attached File(s)
File Type: ex4 Channel_Alert.ex4   77 KB | 322 downloads
Trends have a higher probability of continuing than not.
  • #135,868
  • Jul 6, 2021 9:15am Jul 6, 2021 9:15am
Quoting SnaveForex
Currently looking at possible 1825 for a short term to medium term bounce.
Attempted bounce. Let see. Watching this hour close for direction
  • #135,869
  • Jul 6, 2021 10:02am Jul 6, 2021 10:02am
Daily S/R Levels for Tomorrow

  1. Today's candle has still not decided to close below 1.1847 or not.. It matters for more bear power!
  2. 1.1795 is next support in case bears push it lower but because tomorrow is FOMC day, momentum can pierce through all levels.. We must be careful not to blindly buy support or sell resistance..
  3. Last but not least: Despite the macd divergence, bears still have the upper hand!

I hope it helps..

Attached Image (click to enlarge)
Click to Enlarge Name: Daily Analysis.png Size: 35 KB
Focus only on what truly matters!
  • #135,870
  • Jul 6, 2021 10:10am Jul 6, 2021 10:10am
Quoting SnaveForex
{quote} Attempted bounce. Let see. Watching this hour close for direction
Bottom heavy and not enough volume.
Not looking good for a bounce, imo.
I think we break the low.
  • #135,871
  • Jul 6, 2021 10:23am Jul 6, 2021 10:23am
Quoting pkimnyc
{quote} Bottom heavy and not enough volume. Not looking good for a bounce, imo. I think we break the low.
Watch H1 candles: No close below 1.1821, no bearish continuation..
Focus only on what truly matters!
  • #135,872
  • Jul 6, 2021 10:27am Jul 6, 2021 10:27am
Quoting Ata-Turkoglu
{quote} Watch H1 candles: No close below 1.1821, no bearish continuation..
Agree.
Bull divergence keeps on forming on lower tf is a concern for the bears atm.
peace.
  • #135,873
  • Jul 6, 2021 10:29am Jul 6, 2021 10:29am
Quoting pkimnyc
{quote} Agree. Bull divergence keeps on forming on lower tf is a concern for the bears atm. peace.
The lows will be tested/ 1835 should resist some
  • #135,874
  • Jul 6, 2021 10:59am Jul 6, 2021 10:59am
Looks to me that the usd index overplays its hand.
Fridays NFP was not that clear and todays data either.

Best to wait for FOMC minutes reaction tomorrow evening.
Trends have a higher probability of continuing than not.
  • #135,875
  • Jul 6, 2021 11:12am Jul 6, 2021 11:12am
on monthly chart reading the last 7 candles its a pure bearish setup


any pullback u see is a sell opportunity


1.1200 maybe a final destination
MY OPINION NOT FINANCIAL ADVISE
  • #135,876
  • Jul 6, 2021 11:16am Jul 6, 2021 11:16am
Quoting Wavegarrick
{quote} Hi Guys, I will be looking for a retrace towards my weekly pivot at 1.19538 and mid-round number 1.1950 for sell opportunities. Trade safe, Cheers. {image}
Hi Guys,
Nothing much to report. It has been a slow monotonous slog up to now. My previous sell trade at 1.19330 was taken out for a modest 18 pips profit. I am in with a small sell trade. It looks like my sell cycle could be nearing an end and I would be looking towards my 78.6% fib retrace at 1.17625 from the 1.16027 low that could come into focus. If my ascending trendline weekly chart (purple) goes, I really believe we could be in for a nice sell trend. Still a lot of if's and I take it day by day.
Trade safe,
Cheers.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot_1225.png Size: 99 KB
Trade to trade another day
  • #135,877
  • Jul 6, 2021 11:38am Jul 6, 2021 11:38am
Quoting Wavegarrick
{quote} Hi Guys, Nothing much to report. It has been a slow monotonous slog up to now. My previous sell trade at 1.19330 was taken out for a modest 18 pips profit. I am in with a small sell trade. It looks like my sell cycle could be nearing an end and I would be looking towards my 78.6% fib retrace at 1.17625 from the 1.16027 low that could come into focus. If my ascending trendline weekly chart (purple) goes, I really believe we could be in for a nice sell trend. Still a lot of if's and I take it day by day. Trade safe, Cheers. {image} {image}...
Nice one bro.
Make it Green
  • #135,878
  • Jul 6, 2021 12:03pm Jul 6, 2021 12:03pm
Overall I am still expecting a retest to 1.1850/60 area.. Calling it a day here..

Until tomorrow peace..
Focus only on what truly matters!
  • #135,879
  • Jul 6, 2021 12:49pm Jul 6, 2021 12:49pm
Nick Gauge
  • #135,880
  • Jul 6, 2021 2:30pm Jul 6, 2021 2:30pm
my view, H1

I hope you guys survived, we traded a wedge ...
The next expected movement is in the blue channel
I would say that R1 is not as important as R2, R3
we will see more tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: sd.jpg Size: 243 KB
Trendlines H1,H4, SMC
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