EURUSD

I could definitely see it rallying to 1.1880 again. The support at 1.1800 is holding.

need to break this holding pattern. and continue the upward movement?

And what to do with all those traders that are long since 1.178 ? Lots of liquidity to collect.

Man, hi. Where have you been...??? You didn't trade all this time...???? Glad you are back.

May I say that your red SL at ~ 1.18 00 is a buying point . . . .imho..... IF the trend is bullish.

Kind regards

Yesterday's market EURUSD prices still move in the daily range market, although the price climbing to high but not yet formed new high, the price move on the range.
Based BB line now the price is in a middle band again, but the moving average line already start to rise, and the RSI level is now above 50, as bulls zone.

closed eurusd with some profit as i think we could see price around 11780 before going to 11910

setup for a sell entry EURUSD waiting for a pullback in the SUPPLY area of 1.1878 or you can do a sell order now at 1.1810 with a stop loss above 1.1850 with a profit target of 1.1770 RR 1:1
GOOD LUCK TRADER.

Updated : TP DONE

trend locator indicator attached

Good day!

The market is waiting for some volatility and US CPI should offer some more later. The price is near the weekly open and still ranging trying to beat 1800.

Only 76 pips of movement and there are two days left for the end of the week - 20 Days weekly ADR is standing at 139 pips - plenty of space.

1830 is resistance, many bearish pressure has been build up, with less bullish from below 1770.

We have to see a very strong move to clear things out and see some directional movement to the upside, below should be easier for the price to fall, but not so easy too.

support finally seems to be around here and my target has gone a bit higher for now 11926

I stop buying EU as long as it stands below 1825/30.

Looks like support will be around 11780. My target has gone up to 11932 aprox

A bit higher for now

I never buy/sell based on potential turning points but instead I closely watch these points of interest when searching for
buyers/sellers.
For example if i would had bought @ 1.18 my trade would be negative now. But waiting for market structure
to unfold keep me safe as the trade did not triggered and my anticipation for a inverted head and shoulders is invalidated, at least the early entry is void and as long as the potential right shoulder is not excedeed downside, an early entry should be stalked again.

All right, they have done it. May continue to move down to collect Stop Losses from traders that entered @1.18 then they will decide depending on the amount of sellers. Probably it will range for a while. if you believe I am wrong, do the other way and good luck.

1665, or below it until the end of the Month