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  • #137,681
  • Aug 10, 2021 2:11am Aug 10, 2021 2:11am
Quoting Robinhood1
{quote} As a swing move will take the whole week to reach 11810/40 i beleive
the whole week and maybe part of the next one.
Target 11850/90 although i close a bit earlier.

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POSTMASTER
  • #137,682
  • Aug 10, 2021 2:27am Aug 10, 2021 2:27am
1.17355 is holding. A break or bounce will help.
However, seems like a down trend for now.
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  • #137,683
  • Aug 10, 2021 2:27am Aug 10, 2021 2:27am
Still too many bearish candle formations on the lower time frames, I'm holding off on any longs.

Guy
  • #137,684
  • Aug 10, 2021 2:42am Aug 10, 2021 2:42am
Heading for tp 1.1725
when ZEW is not good at 1100 hr we will see tp 1.1705
Trends have a higher probability of continuing than not.
  • #137,685
  • Aug 10, 2021 3:28am Aug 10, 2021 3:28am
H1, bearish candle formation, this is going to fall further. I don't think the EUR will be able to avoid 1.1700 today.
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  • #137,686
  • Aug 10, 2021 3:43am Aug 10, 2021 3:43am
What is a suitable Short Entry Point for the anticipated slide down to 1.1700?
  • #137,687
  • Aug 10, 2021 3:48am Aug 10, 2021 3:48am
Quoting MXMmo
What is a suitable Short Entry Point for the anticipated slide down to 1.1700?
11870
POSTMASTER
  • #137,688
  • Aug 10, 2021 4:03am Aug 10, 2021 4:03am
Attached Image
Bad, on the way to test 1.1700
Trends have a higher probability of continuing than not.
  • #137,689
  • Aug 10, 2021 4:30am Aug 10, 2021 4:30am
Quoting yvestrcz
Well, this looks like a short intermezzo, and then attack on 1.1800. All in all, I imagine price dropping to 1.1730's or lower. Supported by relatively heavily prevailing buying sentiment among retail traders.
Written on Friday last week. Now the vision has become a reality. We are there, 1.1730 (or lower).
By the way, the sentiment is (again) heavily bullish...

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  • #137,690
  • Aug 10, 2021 4:35am Aug 10, 2021 4:35am
support at 1.17127 may provide a Buy opportunity.
Time will tell.

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  • #137,691
  • Aug 10, 2021 4:39am Aug 10, 2021 4:39am
Quoting eurusd-thijs
{image}Bad, on the way to test 1.1700
closed 1.1725 (lack of patience maybe ) but price keeps ranging 1.1725+ zone what was tp1 for me

market is waiting at the much more important cpi usa tomorrow
Trends have a higher probability of continuing than not.
  • #137,692
  • Aug 10, 2021 4:51am Aug 10, 2021 4:51am
mister shahab8b is looking for a long entry around 1.1700 targetting 1.1750 or even 1.1800 and he wont be the only one
https://www.forexfactory.com/thread/...2#post13660992
Trends have a higher probability of continuing than not.
  • #137,693
  • Aug 10, 2021 4:55am Aug 10, 2021 4:55am
Meanwhile, on H1..

  1. The wedge on M30 is also visible here.. There was a breakout (actually a slide out from 1.1737) but, bulls couldn't bring it..
  2. Now we must see reaction of 1.1713 area.. No rush!

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Focus only on what truly matters!
  • #137,694
  • Aug 10, 2021 5:11am Aug 10, 2021 5:11am
My first short trade closed for 20 pips. Waiting for a push up before entering short again.

Guy
  • #137,695
  • Aug 10, 2021 5:17am Aug 10, 2021 5:17am
1.16350 is knocking @ the door...

CaseSTUDY
More LowerLOWs and LowerHIGHs.
EUR is weak...
USD is strong...
  • #137,696
  • Aug 10, 2021 5:19am Aug 10, 2021 5:19am
1.1713 is also my monthly support.. Before that we had 1.1818.. We are sort of at most critical hours now!
Focus only on what truly matters!
  • #137,697
  • Aug 10, 2021 5:20am Aug 10, 2021 5:20am
nothing should work and EU should falling becoz whole world is buying EU ... and that is cause of falling EU
  • #137,698
  • Aug 10, 2021 5:43am Aug 10, 2021 5:43am
we should see new and new low and then 90 % world should loss their money
  • #137,699
  • Aug 10, 2021 5:55am Aug 10, 2021 5:55am
My target now is 11900 aprox. just like a pendulum.
POSTMASTER
  • #137,700
  • Aug 10, 2021 6:00am Aug 10, 2021 6:00am
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Moratorium remains untouched, the storm is over.
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