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EURUSD only

  • #141,641
  • Nov 2, 2021 12:40am Nov 2, 2021 12:40am
It looks like it won't go above 1.16 today...
  • #141,642
  • Nov 2, 2021 12:42am Nov 2, 2021 12:42am
Quoting RichClaws
It looks like it won't go above 1.16 today...
What? It is now 1.1610 or am I living in another dimension/reality?
  • #141,643
  • Nov 2, 2021 1:09am Nov 2, 2021 1:09am
Quoting pipibrasci
EURi - Channel DOWN USDi - Channel UP EURUSD - DESCENDING TRIANGLE {image}

1.1597 broken. Price sitting above it heading towards 1.1617 Resistance. Could it break resistance and head towards fib Ret level 0.38? I doubt.

EURi holding at Fib Ext level 1./trendline.

USDi rejecting and sitting on Fib Ret. level 0.23.

Interesting scenario.
Attached Image (click to enlarge)
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #141,644
  • Nov 2, 2021 1:33am Nov 2, 2021 1:33am
Quoting fxcontest
Sell Grid : 1589 till 1595, SL 1615, TP 40 - 60 pips Adjusted
Adjusted SL to 1630

Electricity Outage made Headache
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  • #141,645
  • Nov 2, 2021 1:36am Nov 2, 2021 1:36am
DAILY Outlook

To keep it as short and simple for the rest of this week:

  1. Bulls have actually broken out from the descending trendline in the middle and now getting extra support from 1.1571 area..
  2. 1.1606 is key pivot here.. and bulls have the upper hand in this zone..
  3. Bulls will try to achieve a candle close above 1.1658 for trend reversal, piercing higher is not enough!
  4. Bears will try to achieve a candle close below 1.15715 for bearish continuation, piercing lower is not enpugh!

I hope it helps..

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Focus only on what truly matters!
  • #141,646
  • Nov 2, 2021 1:47am Nov 2, 2021 1:47am
IMO Bull is Over, then Bear Fast
Holy Betting Grail strategy
  • #141,647
  • Edited 2:22am Nov 2, 2021 1:59am | Edited 2:22am
Scenario 2

Price sits within fib Ret levels 0.11 - 0.236 (1.1586 - 1.1617) till it eventually breakouts. Volatility imminent.

Quick scalping opportunities within.

Updated.
Attached Image(s) (click to enlarge)
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #141,648
  • Nov 2, 2021 2:00am Nov 2, 2021 2:00am
Quoting fxcontest
{quote} Adjusted SL to 1630 Electricity Outage made Headache
And The Drawdown Rising
Holy Betting Grail strategy
  • #141,649
  • Nov 2, 2021 2:09am Nov 2, 2021 2:09am
Remember: for today bulls have to keep it above 1.1588...
Focus only on what truly matters!
  • #141,650
  • Nov 2, 2021 2:33am Nov 2, 2021 2:33am
I wait and see what happens by end of trading's session. Remember tomorrow's interesting events. Volatility imminent. Stay tuned.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #141,651
  • Edited 7:02am Nov 2, 2021 2:37am | Edited 7:02am
Buy Grid : 1552 till 1555

Adjusted ; 1548 or 1565, wait before London Close
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  • #141,652
  • Nov 2, 2021 4:02am Nov 2, 2021 4:02am
Not intra-day view: Price is at centre of gravity from the high of 2018 and the low of 2020. This area has been key ss/ rr as far back as 2014. if ss becomes resistance, we may see price go retest 1.13 or lower.
  • #141,653
  • Nov 2, 2021 4:09am Nov 2, 2021 4:09am
Morning Dealers

Bears will try but EU likely to be held by 1.1585 until 10 AM NY time

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Trades technical moves enforced by fundamentals
  • #141,654
  • Nov 2, 2021 4:23am Nov 2, 2021 4:23am
NO CAPTION NEEDED
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  • #141,655
  • Nov 2, 2021 4:30am Nov 2, 2021 4:30am
with everyone selling...does it mean its going up....
  • #141,656
  • Nov 2, 2021 4:52am Nov 2, 2021 4:52am
Quoting shay14
with everyone selling...does it mean its going up....
1.1603/06 is critical resistance.. Bulls definitely need to defeat it first..
Focus only on what truly matters!
  • #141,657
  • Nov 2, 2021 5:00am Nov 2, 2021 5:00am
Bull need break and stay above 1.1620
  • #141,658
  • Edited 5:16am Nov 2, 2021 5:04am | Edited 5:16am
For micro traders: Any M5 candle closing above 1.1605 could trigger more bulls!
Focus only on what truly matters!
  • #141,659
  • Nov 2, 2021 5:14am Nov 2, 2021 5:14am
Eurusd in a hotspot and mixed. Strong pivot 1596 with range support sitting at 1566 and range resistance pointing to 1627 potential 1657
  • #141,660
  • Nov 2, 2021 5:44am Nov 2, 2021 5:44am
Don't Buy at R, Wait till S

Attached Image (click to enlarge)
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