Focus only on what truly matters!
- #149,501
- May 31, 2022 1:34pm May 31, 2022 1:34pm
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
- #149,503
- Edited 2:33pm May 31, 2022 2:19pm | Edited 2:33pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #149,504
- May 31, 2022 6:35pm May 31, 2022 6:35pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,372 Posts
{quote} Possible, but only if bulls break the new 1.0744 major H4/D1 resistance.. (even starting from 1.0725 bulls will face lots of resistance).. therefore, until then it is likely to stay bearish...
- #149,508
- May 31, 2022 10:35pm May 31, 2022 10:35pm
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #149,509
- May 31, 2022 11:11pm May 31, 2022 11:11pm
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
H1 Potential Bearish Gartley Idea
My emphasis is on "potential", since no bullish breakout from dashed trendline yet! But IF that dashed line breaks, I would first expect a rally towards current AB=CD: 1.0775 area (AB=CD level can change since leg C is not complete yet... Leg C could be completed anywhere inside the lower dotted square)
ONCE/IF leg D i.e. Gartley completes, we could expect a drop from there to TP1: 1.0738 and MAYBE also to TP2: 1.0716... IF momentum kicks in, it could go even lower, but let's keep that for later!
Overall, my DAILY Wave-4 idea is also still valid, since 1.0806 has not been touched yet. I believe sooner or later we should see a bullish attack to retest that level. My Gartley idea could play along with this story. Time will tell!
I hope it helps
My emphasis is on "potential", since no bullish breakout from dashed trendline yet! But IF that dashed line breaks, I would first expect a rally towards current AB=CD: 1.0775 area (AB=CD level can change since leg C is not complete yet... Leg C could be completed anywhere inside the lower dotted square)
ONCE/IF leg D i.e. Gartley completes, we could expect a drop from there to TP1: 1.0738 and MAYBE also to TP2: 1.0716... IF momentum kicks in, it could go even lower, but let's keep that for later!
Overall, my DAILY Wave-4 idea is also still valid, since 1.0806 has not been touched yet. I believe sooner or later we should see a bullish attack to retest that level. My Gartley idea could play along with this story. Time will tell!
I hope it helps
Focus only on what truly matters!
- #149,510
- Jun 1, 2022 1:46am Jun 1, 2022 1:46am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #149,511
- Jun 1, 2022 1:48am Jun 1, 2022 1:48am
- Joined Aug 2010 | Status: Trader | 1,762 Posts
1.07 could be a buy opportunity 
- #149,512
- Jun 1, 2022 2:01am Jun 1, 2022 2:01am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
I saw you are sharing patterns and thought to share a simple A-B-C pattern, couldn't find it in this forum.
You can correct me if, I am wrong
You can correct me if, I am wrong
Looking for profitable short term trades ...|
- #149,515
- Jun 1, 2022 2:19am Jun 1, 2022 2:19am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #149,516
- Jun 1, 2022 2:20am Jun 1, 2022 2:20am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Focus only on what truly matters!
- #149,517
- Jun 1, 2022 2:46am Jun 1, 2022 2:46am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
{quote} market can set traps any times in the ways of unexpected , no easy money giveaways ! let it work its way , resistance first come without proper supports ,bearways !targeting all 3 supports if all ok ! so selling again to see . take care {image}
First the yesterdays lows and then its final destination - 1.0639
Looking for profitable short term trades ...|
- #149,520
- Edited 3:25am Jun 1, 2022 3:12am | Edited 3:25am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
{quote} Its happening now!
waiting breaks signal 0721 down for 0710 tl test .
Not understand?better not follow my analyses!doubt clearer first, risks ++