EURUSD only

Morning all. Sold at 1.1826, the price at 1.1830 is a great resistance. CPI will be released later, so anything can happen lol.

update3

we have reached resistance, to overcome it, we must stay in the blue channel, then we can go to the top of 10.9. (cca 1.1850-60)

otherwise down

Add more long @1.18246 SL 50 TP 100

+ 20 Set to BE ASAP

I just closed it, it was getting closer to the entered price.

I wait on side lines.. I am planning to look for sell opportunities inside NY session.. Especially 1.1835 is my ceiling for the day! Selling now is still too early for me! Only quick scalpers with tiny bites!

1st Hurdle - 1.1833 / 37



Posted Yesterday

and see the Results


Today's Magical Fibos + Channel


Hope it Helps

I went ahead, and sold at 1.1818.

Just so you know where we are long-term, here is my bird's eye view onto the weekly chart:

1. 1.1808 is key for this week as a whole! (Currently will probably act as support!)
2. Real bear pressure sits around 1.1907,
3. There is a lot of potential into both sides and price is currently around balance area.
4. Overall, bears still have the upper hand (as long as price stays below 1.1907)

If the upper trendline does hold, I will monitor price action on lower timeframe.

I just closed it now.

Expecting a retracement to 18200 at least

Retest 1.1780...?

Inside NY session depending on price location, I will either try to buy dips to 1.1777 or I will try to sell spikes to 1.1835...

Bulls could join in at 1.1807.

Not really happy with the breakout, but will continue to monitor the trade and hopefully add more trades if it continues to fall.
1.1800ish might decide the fate of this price.

Indeed. It's struggling to break out below 1.1810 right now and I am not liking that pinbar on the daily on that level.

Added to my short at this broken support as resistance at 1.1813. This is what I am expecting:

I'm expecting this very short support line (arrow 2) to whipsaw which is why I shorted at 1.1813 (arrow 1, previous support as resistance).

I want this to drop, but there's a chance we could go maybe 10 pips higher than my entry. Regardless, my short term bias (1 hr) AND long term bias are still bearish so I will hold unless 1.1836 gets breached.

Attachment #2 is my 4H chart. This support line (arrow 1) held 4 times pretty much and 5th time broke through. I posted before how I expected this to whipsaw after breaking. I shorted a little early but all my lines are still holding. Today MUST close below this support line in order for me to keep my bearish bias and I MUST see some strong bear action within the next few hours. Goodluck everyone and go bears!

Just sold 1.1832... Let's see..

Sold at 1.1835. I'll be surprised if this goes higher than 1.1849 today.