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EURUSD only

  • #154,621
  • Edited 2:08am Aug 17, 2022 1:54am | Edited 2:08am
careful bear next .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #154,622
  • Aug 17, 2022 1:58am Aug 17, 2022 1:58am
Preparing for Wednesday's London session.

I'm looking at the descending price action right now.
There is considerable chance it may test downward, levels I marked S1, S2 and possibly S3.
S1 = $1.015, S2 = $1.013 and S3 = $1.007. Those are the prices I'll buy.

Upside appeared to be capped, not just by N1 and N2, but also by the 38.2% Fib ($1.02) and 200-period SMA ($1.023).
Short term, it needs a strong economic data trigger to push past those levels. We will see.

Cheers,
Cat
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  • #154,623
  • Aug 17, 2022 2:04am Aug 17, 2022 2:04am
Looking to buy here, Lil bit more confirmation
Time is everything; Everything.
  • #154,624
  • Aug 17, 2022 2:04am Aug 17, 2022 2:04am
Quoting fontu
careful bear next . breaks and hold 2102 next may get 2090/80 though {image} {image}
Music to my ears.. I truly wish you are right
Focus only on what truly matters!
  • #154,625
  • Edited 2:22am Aug 17, 2022 2:09am | Edited 2:22am
Quoting Ata-Turkoglu
{quote} Music to my ears.. I truly wish you are right
thanks corrected .ok 0152/31 still may play if extreme taking into action to for next buy!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #154,626
  • Aug 17, 2022 2:17am Aug 17, 2022 2:17am
Quoting MR.P
Looking to buy here, Lil bit more confirmation
invalidated
Time is everything; Everything.
  • #154,627
  • Aug 17, 2022 2:20am Aug 17, 2022 2:20am
todays my EURUSD TRADE ----got the top almost !
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Blank and Empty
  • #154,628
  • Aug 17, 2022 2:36am Aug 17, 2022 2:36am
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  • #154,629
  • Aug 17, 2022 2:41am Aug 17, 2022 2:41am
Droped below 1.0163 and now it made a new low to 1.0150. 1.0168 lower high could act as a pivot for both bulls and bears.
Looking for profitable short term trades ...|
  • #154,630
  • Aug 17, 2022 2:43am Aug 17, 2022 2:43am
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  • #154,631
  • Aug 17, 2022 2:47am Aug 17, 2022 2:47am
We are now well below 1.0170... This ship is sinking and taking all hopeful bulls with it to a deep abyss... Beware!

*I am going to look for sell opportunities with every spike towards 1.0175...
Focus only on what truly matters!
  • #154,633
  • Aug 17, 2022 3:03am Aug 17, 2022 3:03am
A Quick Glance at DAILY Wave Count

Only a corrective wave 2 can push this up a little.. but for that wave 1 has to end first.. has it? I am not sure yet... Soon we should see..
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #154,634
  • Aug 17, 2022 3:05am Aug 17, 2022 3:05am
Quoting Ata-Turkoglu
We are now well below 1.0170... This ship is sinking and taking all hopeful bulls with it to a deep abyss... Beware! *I am going to look for sell opportunities with every spike towards 1.0175...
lets see bull boi
  • #154,635
  • Aug 17, 2022 3:15am Aug 17, 2022 3:15am
Quoting Traderview
{quote} lets see bull boi
Look where M30 candles are since yesterday... wake me up if they climb back above 1.0166...

Until then, I am Winnie the Pooh..
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #154,636
  • Aug 17, 2022 3:25am Aug 17, 2022 3:25am
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  • #154,637
  • Aug 17, 2022 3:30am Aug 17, 2022 3:30am
Quoting Traderview
{image}
Yes, strong support there for now... BUT that should soon change, especially once bullish wave 2 is complete... So, enjoy your short-term bull party... I will be in scalper mode trading on both sides until real bears show up, but for the "long-term" I am favoring bears!

Best wishes
Focus only on what truly matters!
  • #154,638
  • Aug 17, 2022 3:35am Aug 17, 2022 3:35am
Quoting Ata-Turkoglu
{quote} Look where M30 candles are since yesterday... wake me up if they climb back above 1.0166... Until then, I am Winnie the Pooh.. {image}
I'd say this whole week it didn't move anywhere. Look since monday, it is stagnating between 1.0140 - 1.0180 just 40 pips +/ 20 pips. An usual daily ATR of EURUSD
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  • #154,639
  • Aug 17, 2022 3:38am Aug 17, 2022 3:38am
Quoting Ata-Turkoglu
{quote} Yes, strong support there for now... BUT that should soon change, especially once bullish wave 2 is complete... So, enjoy your short-term bull party... I will be in scalper mode trading on both sides until real bears show up, but for the "long-term" I am favoring bears! Best wishes
I'm selling since 1.24. Trust me, I am a long term bear favour. I do expect this bitch will go down below parity and it will be there for atleast a year likely be all 2023.
But before that, i think this will test 1.05 - 1.07 zone and virtually gain all the momentum and flush it down in the toilet.
  • #154,640
  • Aug 17, 2022 3:40am Aug 17, 2022 3:40am
Quoting Ata-Turkoglu
{quote} Look where M30 candles are since yesterday... wake me up if they climb back above 1.0166... Until then, I am Winnie the Pooh.. {image}
Wake up , I think today's target is 1.02600. Once this current 4hr candle closes bullish, forget about selling today
Risk comes from not knowing what to do
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