Good morning, hope you're great. It's the beginning of the week, not much price action going on lol. I will say 1.0416 could be the resistance for today;
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- #149,065
- May 16, 2022 4:17am May 16, 2022 4:17am
- Joined Oct 2019 | Status: Forexian Fighter = FF | 16,341 Posts
Daily S/R Levels for Monday Bulls have to break above 1.0425 to make things interesting.. Any serious bearish attacks seem to be limited with 1.0326 area.. I hope it helps.. Happy new trading week to all..{image}
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
- #149,070
- Edited 7:07am May 16, 2022 5:13am | Edited 7:07am
- Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #149,075
- May 16, 2022 7:13am May 16, 2022 7:13am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Good day folks, quick pop by. Today's crucial moment for me was and still is >0440! Although I had to let go of a few shorts today, one loss, a few at BE, my own second best case scenario is still in the works: BUT I doubt bulls will not at least test >0440, especially with thebig news coming up tomorrow. That news is actually the reason I did not re-enter any shorts after >0430 double failure... need to wait for that dust to settle after the news of course!
Trade of the day right there ! Simply beautiful mate! 
!!! Ok, Today was pretty much a relaxing day. Hope you all had a good one. Cheers mates! Hope to see you all tomorrow after the news 
!!!
P.S boy! the bulls did good, but they seem so beat up now. Have a good rest Mr.Bull! Can't wait to see your next moves when you are done resting !
..I have to take very seriously this daily double pullback w/volatility & momentum considered almost confirmed (starting from this 1H attack on yesterdays low, still valid next week)and, if so = potential becomes a straight to 02. Not saying it will, probably not today, but just in case, preparing accordingly. Sell stop 03679 0345 0332 0319 0299, where previous position's SL would be moved at BE with each new triggered. Warning: comes often with a violent rejection. Put into question only if >0440, so we still...
My speculation as below A sell till 1.03731 tp, however I am also putting a buy from 1.04286, tp 1.04366... Let's see how eurusd rocks us!
!!! Ok, Today was pretty much a relaxing day. Hope you all had a good one. Cheers mates! Hope to see you all tomorrow after the news !!!P.S boy! the bulls did good, but they seem so beat up now. Have a good rest Mr.Bull! Can't wait to see your next moves when you are done resting !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #149,077
- May 16, 2022 7:27am May 16, 2022 7:27am
- Joined May 2014 | Status: Full Time Trader | 27,259 Posts | Online Now
Focus only on what truly matters!
- #149,078
- May 16, 2022 7:46am May 16, 2022 7:46am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Took 5+hours for a 1H low to be broken. I wonder if bears are happy with just touching it once 
. I am sure warrior bulls are!
From my last post, I reposted my 0440. Here is why, more or less(charts => 6H-brokenCandle and 8HlowChannel).
If bulls can break that, probable 0480 attack in my book also, but bulls big prize would be to get back into last week's ranging heaven >0510. But under that, 2H-to-D previous down dancing moves, if continues, have all it takes to take it all back, and much much more. For now now, while mainly still <0440, in my view, is another attack of 0340s.
If it wasnt for the news tomorrow and the numerous shorts I still have around here, I would still sell here, SL above the high of the day.
. I am sure warrior bulls are!From my last post, I reposted my 0440. Here is why, more or less(charts => 6H-brokenCandle and 8HlowChannel).
If bulls can break that, probable 0480 attack in my book also, but bulls big prize would be to get back into last week's ranging heaven >0510. But under that, 2H-to-D previous down dancing moves, if continues, have all it takes to take it all back, and much much more. For now now, while mainly still <0440, in my view, is another attack of 0340s.
If it wasnt for the news tomorrow and the numerous shorts I still have around here, I would still sell here, SL above the high of the day.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
