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  • #153,361
  • Aug 3, 2022 2:55am Aug 3, 2022 2:55am
The pair reached the lower limit of the Bolinger Bands on H4 which explains this reluctance to continue the downside move. The bands might be too spread for the bears to have any luck.
Risk Management is of utmost importance!
  • #153,362
  • Aug 3, 2022 3:01am Aug 3, 2022 3:01am
Hourly close shows that more bullishness is on the way!
Focus only on what truly matters!
  • #153,363
  • Aug 3, 2022 3:03am Aug 3, 2022 3:03am
Quoting fontu
{quote} as for H4 close concern , at and above 0177 be enough for next close areas 0238 play , next critical areas for Hr closewise !
01768 closed!
Its all about Timing!!!
  • #153,365
  • Aug 3, 2022 3:16am Aug 3, 2022 3:16am
Quoting Js3mwtRc
{quote} Excellent growth! Are these trades based on your harmonics trading? {image}
Thanks... and no... based on my total knowledge... but let's focus on EURUSD and not on people...

*sorry for the dislike.. I did it only to push the post into the shadows
Focus only on what truly matters!
  • #153,366
  • Edited 3:31am Aug 3, 2022 3:17am | Edited 3:31am
Quoting Traderview
{quote} But there's one more waiting 1.0212. From 1.0175 - 1.0212 this is the support for bulls. A wide one but a strong one.
yeah , 0213+ /0199 may react enough or even a leg down to below 0145 , breaks extend towards 0130 pullback to restart next target 0235 play possible . here no indication in eu though ! so next leg may around 0213+ or 0243 !
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #153,367
  • Aug 3, 2022 3:18am Aug 3, 2022 3:18am
Good morning, hope you're great. I think 1.0194 can be a good resistance for today, since the bears did great yesterday;
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  • #153,368
  • Aug 3, 2022 3:20am Aug 3, 2022 3:20am
Quoting sulai45
Good morning, hope you're great. I think 1.0194 can be a good resistance for today, since the bears did great yesterday; {image} {image}
For now I agree BUT latest the next H4 candle will decide!
Focus only on what truly matters!
  • #153,369
  • Aug 3, 2022 3:26am Aug 3, 2022 3:26am
Quoting fontu
{quote} yeah , 0213+ /0199 may react enough or even a leg down to below 0145 , breaks extend towards 0130 pullback to restart next target 0235 play possible . here no indication in eu though ! so next leg may around 0213+ or 0243 !
good morning everyone
i sell #NZDUSD & #GBPUSD @ M5 TF
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RedcaT 3003
25k Return This Week: na
  • #153,370
  • Aug 3, 2022 3:27am Aug 3, 2022 3:27am
Pretty strong bid in the 80s. I think the market is expecting the 4-hour reversal as well.
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Be hopeful in a winning position, and fearful in a losing position.
  • #153,371
  • Aug 3, 2022 3:30am Aug 3, 2022 3:30am
Quoting Traderview
It'd be really interesting to see where this 4hr closes. Patience
Either a bearish doji or a bearish engulfing candle
Risk comes from not knowing what to do
  • #153,372
  • Aug 3, 2022 3:30am Aug 3, 2022 3:30am
Quoting Ata-Turkoglu
{quote} Thanks... and no... based on my total knowledge... but let's focus on EURUSD and not on people... *sorry for the dislike.. I did it only to push the post into the shadows
Its ok with me. You can ask me to delete it if, there is a big problem.
Looking for profitable short term trades ...|
  • #153,373
  • Aug 3, 2022 3:32am Aug 3, 2022 3:32am
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Attached Image (click to enlarge)
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  • #153,374
  • Edited 3:43am Aug 3, 2022 3:33am | Edited 3:43am
Meanwhile, on H1...

Bulls have achieved a strong candle close above 1.0173 and now they want continuation...

If momentum allows them to climb above 1.0190 area, next we would watch my GREEN ma area (1.0204) getting tested.. It's all about momentum today.. If bullish momentum fades out bears will win again! Let's see...
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #153,375
  • Aug 3, 2022 4:01am Aug 3, 2022 4:01am
I missed the OB process because I fell asleep
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Swing Trader
  • #153,376
  • Aug 3, 2022 4:04am Aug 3, 2022 4:04am
Bulls wasted too much time chewing grass and momentum faded out... not good... probably we are going back to retest 1.0166 area...
Focus only on what truly matters!
  • #153,377
  • Aug 3, 2022 4:06am Aug 3, 2022 4:06am
I was waiting for the market to reach a little lower, but it didn't.

I'm now long on EU from 1.01750. I still think it'll make an attempt to reach around friday's high, possibly even higher than that.

We'll see.
  • #153,378
  • Aug 3, 2022 4:06am Aug 3, 2022 4:06am
Quoting Ata-Turkoglu
Bulls wasted too much time chewing grass and momentum faded out... not good...
It seems unlikely that it will be able to break above 1.0215
Half of the time, the market is building resistance and support levels, and
  • #153,379
  • Aug 3, 2022 4:14am Aug 3, 2022 4:14am
Damn... that doji M30 candle tricked me real good... Sighs!
Focus only on what truly matters!
  • #153,380
  • Aug 3, 2022 4:15am Aug 3, 2022 4:15am
Quoting Erkat
{quote} It seems unlikely that it will be able to break above 1.0215
Normally this should have been gone back to bearish but something fishy is on the play.. I will stay on sidelines for a while..
Focus only on what truly matters!
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