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  • #162,461
  • Dec 5, 2022 3:15am Dec 5, 2022 3:15am
Meanwhile, on M30...

1.0558 area is my nearest resistance, BUT I am delaying selling based on M1, because there is still bull momentum! Let's see if price can drop back below it and start giving bearish signs... Bulls might try to push towards 1.0574...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 20 KB
Focus only on what truly matters!
  • #162,462
  • Dec 5, 2022 3:20am Dec 5, 2022 3:20am
Bulls looking healthy as of now, let's see how high they can take it.
  • #162,463
  • Dec 5, 2022 3:31am Dec 5, 2022 3:31am
may or may not
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.tffH1.png Size: 20 KB
-Fill your head with knowledge - Arief -
  • #162,464
  • Dec 5, 2022 4:20am Dec 5, 2022 4:20am
Here come my bears..
Focus only on what truly matters!
  • #162,465
  • Dec 5, 2022 4:30am Dec 5, 2022 4:30am
Quoting Ata-Turkoglu
Here come my bears..
yes, it looks like it may go to weekly S1, but it entirely depends on ISM Services PMI data today
  • #162,466
  • Dec 5, 2022 4:41am Dec 5, 2022 4:41am
Quoting Js3mwtRc
EURUSD ended this week up and above 1.0366 (200 sma) after it broke the Mondays pinbar and closed two times above. That is a bullish signal but the area above at 1.0600 is full of strong resistance so be carefull buying. A close above 1.0616 is considered more bullish (see chart arrows). Also it will not be surprising to see it correcting again above 1.0400 & 1.0300 area. The pips I expect the EU to travel this week are 157 and more if for any reason the bulls or bears decide. That may be news or change in positioning, it doesn't matter we are only...


Still below 1.0600 after it touched exactly the daily supply level at 1.0585 (grey line). Now its completing its daily range and maybe later the bulls will have the chance to raise up the price below 1.0600 again.

Also the price may rise up from here - 1.0511/27 at 1H.
Looking for profitable short term trades ...|
  • #162,467
  • Dec 5, 2022 4:43am Dec 5, 2022 4:43am
Quoting Ata-Turkoglu
Here come my bears..
Let's go Bears!! Time to wake up from Winter's Sleep.
  • #162,468
  • Dec 5, 2022 4:50am Dec 5, 2022 4:50am
Quoting TheWolf
{quote} Let's go Bears!! Time to wake up from Winter's Sleep.
Yep.. I think they will... especially while 1.0560 keeps resisting.. BUT to do that they have to break below 1.0522 barrier on H4... That could take time and bears could get rejected as well, so we still have to stay alert! Bears are definitely not out of the slippery mud yet!

Best wishes
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 19 KB
Focus only on what truly matters!
  • #162,469
  • Dec 5, 2022 4:57am Dec 5, 2022 4:57am
Quoting Ata-Turkoglu
{quote} Yep.. I think they will... BUT to do that they have to break below 1.0522 barrier on H4... That could take time and bears could get rejected as well, so we still have to stay alert! Bears are definitely not out of the slippery mud yet! Best wishes {image}

That move up from Friday is sitting well
Looking for profitable short term trades ...|
  • #162,470
  • Dec 5, 2022 4:59am Dec 5, 2022 4:59am
Meanwhile, on M30...

1.0552 area is my nearest resistance now...

*If mentioned level doesn't resist, maybe later a bearish cypher could kick in around 1.0575..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 20 KB
Focus only on what truly matters!
  • #162,471
  • Dec 5, 2022 5:22am Dec 5, 2022 5:22am
Quoting SocTrang83
may or may not {image}
maybe the correction has completed
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.tffM15.png Size: 19 KB
-Fill your head with knowledge - Arief -
  • #162,472
  • Dec 5, 2022 5:39am Dec 5, 2022 5:39am
This is significant today > US ISM Services PMI. According the forecast the bulls are buying this release. 1.0592 is not far away.
Looking for profitable short term trades ...|
  • #162,473
  • Dec 5, 2022 5:53am Dec 5, 2022 5:53am
...cypher it is...
Focus only on what truly matters!
  • #162,474
  • Dec 5, 2022 6:14am Dec 5, 2022 6:14am
Quoting SocTrang83
{quote} maybe the correction has completed {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.tffM15.png Size: 19 KB
-Fill your head with knowledge - Arief -
  • #162,475
  • Dec 5, 2022 6:14am Dec 5, 2022 6:14am
Quoting Ata-Turkoglu
...cypher it is...
Hi, Ata! What is to expect next. All this move up seems to be unjustifyed!
  • #162,476
  • Dec 5, 2022 6:16am Dec 5, 2022 6:16am
Quoting Erkat
If you are looking to sell, a nice and sweet sell is at 1.0590
This process is almost complete and short positions in a 50 pips range with a target of 1.0130 to 1.0111 are part of my plan.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20221205_153809.png Size: 4 KB
This statistic is really a waste
Half of the time, the market is building resistance and support levels, and
  • #162,477
  • Dec 5, 2022 6:25am Dec 5, 2022 6:25am
Quoting Erkat
{quote} This process is almost complete and short positions in a 50 pips range with a target of 1.0130 to 1.0111 are part of my plan.{image}This statistic is really a waste
We don't see any sign of reversal, use the chart to take a decision. We can see euro at 1.06 in the next hours.
Let the market decide
  • #162,478
  • Dec 5, 2022 6:26am Dec 5, 2022 6:26am
Quoting xperta
{quote} Hi, Ata! What is to expect next. All this move up seems to be unjustified!
I still see the bullishness as sort of a regular retest towards the pinched trendline on weekly... I am patiently waiting and playing along with bulls until momentum fades out!

Best wishes
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-W1.png Size: 17 KB
Focus only on what truly matters!
  • #162,479
  • Dec 5, 2022 6:29am Dec 5, 2022 6:29am
Quoting MondumaFx
{quote} We don't see any sign of reversal, use the chart to take a decision. We can see euro at 1.06 in the next hours.
I said that in the range of 50 pips, i.e. 50 + 1.0590, which becomes a maximum of 1.0640 (that is, in the current range up to 1.0640).
Read my post carefully, it will clear your misunderstanding
Half of the time, the market is building resistance and support levels, and
  • #162,480
  • Dec 5, 2022 6:31am Dec 5, 2022 6:31am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
She is testing my patient and at the same time messing with my brain,,Ata what do you say cos Im short
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