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  • #135,921
  • Jul 7, 2021 1:08pm Jul 7, 2021 1:08pm
Falling wedge + bullish divergence?
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  • #135,922
  • Jul 7, 2021 1:32pm Jul 7, 2021 1:32pm
Bulls, thank you for the nice humble performance, and now come the bears.
  • #135,923
  • Jul 7, 2021 1:34pm Jul 7, 2021 1:34pm
Quoting yvestrcz
{quote} Hold on, it's gonna hit in 5 minutes.
so confused right now. On a 2h chart. Can't decide if it's going up more or not. Dropped a Doji, gut says no reversal.
  • #135,924
  • Jul 7, 2021 1:49pm Jul 7, 2021 1:49pm
Quoting WaseeqAli
{quote} so confused right now. On a 2h chart. Can't decide if it's going up more or not. Dropped a Doji, gut says no reversal.
Relax.. Just don't expect bears today.. Maybe sideways stall for a while during Asian.. Bears could show tomorrow.. No rush!
Focus only on what truly matters!
  • #135,925
  • Jul 7, 2021 1:59pm Jul 7, 2021 1:59pm
Looks like a beautiful shooting star forming on hourly chart.
Talk to you tomorrow again.
  • #135,926
  • Jul 7, 2021 2:15pm Jul 7, 2021 2:15pm
I expect some upwards reaction soon.. Bulls are not done!!!!
Focus only on what truly matters!
  • #135,927
  • Jul 7, 2021 2:20pm Jul 7, 2021 2:20pm
Quoting Ata-Turkoglu
I expect some upwards reaction soon.. Bulls are not done!!!!
most likely a 4 wave ABC correction which can be very long.
  • #135,928
  • Jul 7, 2021 2:30pm Jul 7, 2021 2:30pm
Quoting Ata-Turkoglu
I expect some upwards reaction soon.. Bulls are not done!!!!
Sir is 1.1814 a strong resistance will it resist bulls there
  • #135,929
  • Jul 7, 2021 2:31pm Jul 7, 2021 2:31pm
Quoting SnaveForex
{quote} most likely a 4 wave ABC correction which can be very long.
Possible.. My main reasoning is the clear macd divergence on H4.. IF that plays out bears have to wait a little longer than any of us has anticipated..
Focus only on what truly matters!
  • #135,930
  • Jul 7, 2021 2:32pm Jul 7, 2021 2:32pm
Quoting AlfieSolomon
{quote} Sir is 1.1814 a strong resistance will it resist bulls there
Based on H1 yes... BUT if H4 effect kicks in it can go higher.. Then the next resistance would be 1.1835 area..

In other words: Let's hope that 1.1814 resists, but if not we have one more insurance level at 1.1835..
Focus only on what truly matters!
  • #135,931
  • Jul 7, 2021 2:36pm Jul 7, 2021 2:36pm
last image for the day

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  • #135,932
  • Jul 7, 2021 2:56pm Jul 7, 2021 2:56pm
1806 the last time we reach there it was fireworks...seems the bears do no want a close above it
  • #135,933
  • Jul 7, 2021 2:57pm Jul 7, 2021 2:57pm
Quoting Ata-Turkoglu
I expect some upwards reaction soon.. Bulls are not done!!!!
Surprise! These bears are sickos, man!
  • #135,934
  • Jul 7, 2021 2:59pm Jul 7, 2021 2:59pm
Quoting yvestrcz
{quote} Surprise! These bears are sickos, man!
Shake out imho.. I am watching on side lines patiently to see how fake these spikes are.. Regarding to my personal technicals, it is still bull's turn.. 1.1791 is my holy support level
Focus only on what truly matters!
  • #135,935
  • Jul 7, 2021 3:16pm Jul 7, 2021 3:16pm
Quoting Ata-Turkoglu
{quote} Shake out imho.. I am watching on side lines patiently to see how fake these spikes are.. Regarding to my personal technicals, it is still bull's turn.. 1.1791 is my holy support level
Well, time will tell. My crystal ball says bears are gonna make another drop damn soon.
  • #135,936
  • Jul 7, 2021 3:19pm Jul 7, 2021 3:19pm
Short
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MY GRID. Markets are NOT random.
  • #135,937
  • Jul 7, 2021 3:20pm Jul 7, 2021 3:20pm
Quoting yvestrcz
{quote} Well, time will tell. My crystal ball says bears are gonna make another drop damn soon.
Anything lower than 1.1774 would be a real surprise to me.. Anyway.. 1.1791 is holding for now..
Focus only on what truly matters!
  • #135,938
  • Jul 7, 2021 3:37pm Jul 7, 2021 3:37pm
Quoting Ata-Turkoglu
{quote} Anything lower than 1.1774 would be a real surprise to me.. Anyway.. 1.1791 is holding for now..
I certainly don't know how this is orchestrated - today has turned from boring to exciting with NY session commencement - but this level is gonna crack unless it is a shake-off/bear trap.
  • #135,939
  • Jul 7, 2021 3:39pm Jul 7, 2021 3:39pm
Quoting yvestrcz
{quote} I certainly don't know how this is orchestrated - today has turned from boring to exciting with NY session commencement - but this level is gonna crack unless it is a shake-off/bear trap.
Well, volumes are negligible, though. Good night!
  • #135,940
  • Jul 7, 2021 3:42pm Jul 7, 2021 3:42pm
Quoting yvestrcz
{quote} I certainly don't know how this is orchestrated - today has turned from boring to exciting with NY session commencement - but this level is gonna crack unless it is a shake-off/bear trap.
Based on H1: Just thinking out loud!
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Focus only on what truly matters!
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