Attachments: EURUSD only

EURUSD only

#143,701
Jan 3, 2022 9:45am Jan 3, 2022 9:45am

Austyno
Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts

Possible inverted head and shoulders pattern on 4hrs.
I added another buy at 1.12969
All target is @ 1.13730 because bears have upper hand today, so I don't think we will take out last week's high today.

Risk comes from not knowing what to do

#143,702
Edited 11:24am Jan 3, 2022 10:41am | Edited 11:24am

Intru
| Joined Aug 2021 | Status: Trader | 38 Posts

The bears are too strong today. 1.11 on the way.

#143,703
Jan 3, 2022 11:04am Jan 3, 2022 11:04am

John4y
Joined Mar 2021 | Status: Trader | 698 Posts

HAPPY NEW YEAR ALL !

#143,704
Jan 3, 2022 11:05am Jan 3, 2022 11:05am

John4y
Joined Mar 2021 | Status: Trader | 698 Posts

Quoting John4y

Disliked

EURUSD Short 1.13050 . . TP 1.12833

Ignored

Finally cashed-in on me TP 1.12833

#143,705
Jan 3, 2022 11:20am Jan 3, 2022 11:20am

John4y
Joined Mar 2021 | Status: Trader | 698 Posts

EURUSD Long 1.12795 . . TP 1.13685

#143,706
Jan 3, 2022 11:24am Jan 3, 2022 11:24am

RCtrader
Joined Aug 2018 | Status: Joyful and Proud | 2,001 Posts

It's over for bulls! Too many trendlines have been broken. If they wanted to make a serious push upwards they had to keep the price from falling.
Bears target for January will be 1.1190 or lower.

EURUSD H4 Chart

Risk Management is of utmost importance!

#143,707
Jan 3, 2022 11:29am Jan 3, 2022 11:29am

Intru
| Joined Aug 2021 | Status: Trader | 38 Posts

Quoting RCtrader

Disliked

It's over for bulls! Too many trendlines have been broken. If they wanted to make a serious push upwards they had to keep the price from falling. Bears target for January will be 1.1190 or lower. EURUSD H4 Chart

Ignored

1.12735 last chance for bulls. If it won't hold (and it probably won't), we will see a new bottom.

#143,708
Jan 3, 2022 11:45am Jan 3, 2022 11:45am

AlphaOmega.
| Joined Feb 2019 | Status: Trader | 272 Posts

I think the bank holidays is also giving moment to this fall... Nobody just takes Monday leave, even more if you have manger status and upwards.. You just take the week. So I am thinking till the bosses is back this can go lower

LEARN THE ABILITY TO GRAB COINS FROM A HOT FURNACE

#143,709
Jan 3, 2022 11:52am Jan 3, 2022 11:52am

AlphaOmega.
| Joined Feb 2019 | Status: Trader | 272 Posts

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LEARN THE ABILITY TO GRAB COINS FROM A HOT FURNACE

#143,710
Jan 3, 2022 11:53am Jan 3, 2022 11:53am

Ayax.TSS
Joined Apr 2019 | Status: Trader | 3,132 Posts

#EURUSD / H4

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#143,711
Jan 3, 2022 2:18pm Jan 3, 2022 2:18pm

yvestrcz
Joined Mar 2020 | Status: Trader | 1,129 Posts

Hey guys, this thing has dropped nicely today. And it is gonna freaking drop even more in no time. I can be wrong, but look at the graph - bears waiting to gather more long positions before striking again. Time will tell though.

#143,712
Jan 3, 2022 2:53pm Jan 3, 2022 2:53pm

tauhidur
| Joined Feb 2020 | Status: Trader | 163 Posts

Quoting yvestrcz

Disliked

Hey guys, this thing has dropped nicely today. And it is gonna freaking drop even more in no time. I can be wrong, but look at the graph - bears waiting to gather more long positions before striking again. Time will tell though.

Ignored

hi friend,So what did you think this position.

#143,713
Jan 3, 2022 3:00pm Jan 3, 2022 3:00pm

MarvOli
| Joined Aug 2021 | Status: Trader | 122 Posts

Quoting yvestrcz

Disliked

Hey guys, this thing has dropped nicely today. And it is gonna freaking drop even more in no time. I can be wrong, but look at the graph - bears waiting to gather more long positions before striking again. Time will tell though.

Ignored

I think US Banks have a holiday today, and they will have a holiday with all the retail traders when they return tomorrow. CTFC data shows long USD trades decreased significantly in recent data. EURUSD will most likely hit ~1.36 and maybe even ~1.43 before any more major drops. DXY due for a pullback. If we hit 1.08 this year, it will most likely come in March when US gets the rug-pull from the end of Taper. Additionally, the US dot plot shows 3 possible rate increases in 2022, but I highly doubt it. Feds say they are worried about Inflation, but in reality, not so much. If you want some interesting reads, look into how US national debt is eroded by inflation. Most of the debt issued by US is not Inflation-Linked Bonds.

My NO FEAR call for this year is DXY to 98 = EURUSD to 1.08, then all upside until MARCH 2023. US stock market Crashes in March 2023 when feds start raising rates and money isn't cheap anymore.

Good luck this year everyone!

#143,714
Jan 3, 2022 3:31pm Jan 3, 2022 3:31pm

investing101
Joined Oct 2009 | Status: Trader | 988 Posts

Quoting MarvOli

Disliked

{quote} I think US Banks have a holiday today, and they will have a holiday with all the retail traders when they return tomorrow. CTFC data shows long USD trades decreased significantly in recent data. EURUSD will most likely hit ~1.36 and maybe even ~1.43 before any more major drops. DXY due for a pullback. If we hit 1.08 this year, it will most likely come in March when US gets the rug-pull from the end of Taper. Additionally, the US dot plot shows 3 possible rate increases in 2022, but I highly doubt it. Feds say they are worried about Inflation,...

Ignored