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EURUSD

  • #1,198,621
  • Aug 17, 2021 2:18am Aug 17, 2021 2:18am
Pivot broken, eyeing up 1.1730 short
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_20210817_08.18.png Size: 135 KB
  • #1,198,622
  • Edited 8:47am Aug 17, 2021 2:35am | Edited 8:47am
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1.17 74-75 is my SL on shorts and reversal to long . . . .


Proved to be a bull trap. . . -17 pips loss . . . ..
  • #1,198,623
  • Aug 17, 2021 2:35am Aug 17, 2021 2:35am
Quoting OnlineAddict
1750-60 could become support now, if we even go that low again this or next week. 1900 should be a target for bulls...but plenty of room even above that.
Support reached...now I will be just waiting for 1900...no rush.
Everyone can see the chart, but only a few can actually read it.
  • #1,198,624
  • Aug 17, 2021 3:56am Aug 17, 2021 3:56am
Pullback has gone to the other side. I’m going to wait this out but I suspect the US session may provide the short. We will see
  • #1,198,625
  • Aug 17, 2021 6:49am Aug 17, 2021 6:49am
All the buy and sell stops were erased and we should contniue now south without further stress. My target is still 1.1740
The biggest risk is not taking a risk.
  • #1,198,626
  • Aug 17, 2021 7:48am Aug 17, 2021 7:48am
I'd love to see 1.1670
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Click to Enlarge Name: EUR_USD_20210817_13.47.png Size: 137 KB
  • #1,198,627
  • Aug 17, 2021 7:58am Aug 17, 2021 7:58am
Let's try for 1.1710 first
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  • #1,198,628
  • Aug 17, 2021 7:59am Aug 17, 2021 7:59am
U.S. dollar uptrend back in force!
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  • #1,198,629
  • Edited 8:47am Aug 17, 2021 8:33am | Edited 8:47am
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EURUSD down today, only to fullfill the price stucture wave 5 ...... wave 5 = min 75% wave 4 ....... but all about price depend on market maker ...... however , better price correction to test resistance above price now, due to very bad retail sales, so as not to be too visible price manipulation
The Average Discount Everything
  • #1,198,630
  • Aug 17, 2021 8:55am Aug 17, 2021 8:55am
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Current low= 1.17 32 fttb ..... A move through 17.30 will be very bearish in my eyes. So, if there are any hopes for an upmove here is the place to buy. . . Risky and knife catching business. . . . Not confident....the risk is 10 pips.

  • #1,198,631
  • Aug 17, 2021 9:10am Aug 17, 2021 9:10am
Hey what's up? long time no post how ya'll doin this fine turn around tues?
Looks like it can go as low as 1.1723, before finding support. Buy 1.1723 stop loss 1.1700.
Founder of Sutherland Wave Principle
  • #1,198,632
  • Aug 17, 2021 9:17am Aug 17, 2021 9:17am
Quoting tonyb123
update: level rejected. 2 more hours for this to be confirmed rejection.{image}
update
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MY GRID. Markets are NOT random.
  • #1,198,633
  • Aug 17, 2021 9:46am Aug 17, 2021 9:46am
I guess Price pushed down to lower level to attract retailers to jump in to buy mode and later liquidity will be squeezed and algo run behind these buyers and knock out them..
The new game plan robber bank doing these days..
Squeeze liquidity and hunting down..
Soon long story writers enter the scene and say buy, buy to trap more retailers..
  • #1,198,634
  • Aug 17, 2021 10:14am Aug 17, 2021 10:14am
Quoting F.g
{image} Current low= 1.17 32 fttb ..... A move through 17.30 will be very bearish in my eyes. So, if there are any hopes for an upmove here is the place to buy. . . Risky and knife catching business. . . . Not confident....the risk is 10 pips.
Second failure , in a row , today. . . . Very decidedly bearish. Short now.

  • #1,198,635
  • Aug 17, 2021 10:19am Aug 17, 2021 10:19am
Quoting Js3mwtRc
EURUSD bounced from around 1700 and hit 1800 this week. The main trend is still bearish (D1, W tmf) with 4H tmf. ranging. I don't think we are going to experience much volatility. FED is the big event at Wednesday. First I want to see price moving at 1840, or 1765 and then I can decide what to do. Also 1740/50 are possible targets, sellers will target there. Have a great weekend. {image}
Back near the lows! If, 1700/1695 doesn't hold 1650 is next.

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Looking for profitable short term trades ...|
  • #1,198,636
  • Aug 17, 2021 10:20am Aug 17, 2021 10:20am
Quoting MrBullBear
{quote} Added another one.. {image}
No one knows where the buttom is... so let's keep trailing and adjust stops.
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Only an idiot knows with certainty to where the market is going.
  • #1,198,637
  • Aug 17, 2021 10:22am Aug 17, 2021 10:22am
1.1710 is likely, but it's oversold and there's a wick developing 1.1670 below would be great
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD_20210817_16.21.png Size: 109 KB
  • #1,198,638
  • Aug 17, 2021 10:48am Aug 17, 2021 10:48am
I suspect EURUSD will be going to parity level ........... because EURUSD buyer forces is so very-very weak .......... why ????? ...... just make small correction in small tf can't afford ........ even though the range of down price movement today is already hit or even too much ...... hehehe
The Average Discount Everything
  • #1,198,639
  • Aug 17, 2021 11:52am Aug 17, 2021 11:52am
1 H chart

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Looking for profitable short term trades ...|
  • #1,198,640
  • Aug 17, 2021 12:42pm Aug 17, 2021 12:42pm
Currently at strong support/resistance level... will it hold or will it fold? That will determine if I will close all my trades or will add more.. we will find out soon.
Only an idiot knows with certainty to where the market is going.
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