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  • #163,781
  • Dec 27, 2022 6:14am Dec 27, 2022 6:14am
Quoting Ata-Turkoglu
Now, as you can see 1.0650 supported well.. The next question is: can bulls also break above 1.0666? If yes, we go to 1.07... If no, we go back down to retest 1.0650 area.. Let's see...
As mentioned earlier, now we have to watch if bears can break below 1.0650 or not... If yes we are going down to 1.0610... (all based on H4)
Focus only on what truly matters!
  • #163,782
  • Dec 27, 2022 6:20am Dec 27, 2022 6:20am
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #163,783
  • Dec 27, 2022 7:13am Dec 27, 2022 7:13am
Quoting Js3mwtRc
Good day and week all! EU may have not seen the high yet - 1.0686 or 1.0713 above a break of 1.0663 and the rising trendline. Todays volatility is 55 pips. Green pips! {image}
Bulls are not ready yet and the bears are taking the advantage, but I am not sure if they can make it down to 1.0605, waiting to see after that hourly close below 1.0638 is continuing the drop from the highs. Near the daily target - 55 pips.
Looking for profitable short term trades ...|
  • #163,784
  • Dec 27, 2022 7:30am Dec 27, 2022 7:30am
I am marking 1.0640 as nearest resistance on M30... Not much left to 1.0610...
Focus only on what truly matters!
  • #163,785
  • Dec 27, 2022 7:39am Dec 27, 2022 7:39am
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #163,786
  • Dec 27, 2022 7:45am Dec 27, 2022 7:45am
Bounced from support and bullish up channel is still valid
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  • #163,787
  • Dec 27, 2022 7:53am Dec 27, 2022 7:53am
H4 candle is about to close bearish in 7 minutes and after that 1.0655 will become strong resistance! Even more bears will join!

In other words: Best is to sell spikes!
Focus only on what truly matters!
  • #163,788
  • Dec 27, 2022 8:26am Dec 27, 2022 8:26am
Bearish trend just started
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #163,789
  • Edited 9:23am Dec 27, 2022 8:29am | Edited 9:23am
I am marking 1.0633 as nearest resistance on M30....

Edit: Here at 1.0640, now I am getting ready to look for an entry point of a sell order with help of M1....

Edit 2: Entered short here at 1.0649... stop: 18 pips.. target: open...
Focus only on what truly matters!
  • #163,790
  • Dec 27, 2022 9:29am Dec 27, 2022 9:29am
Quoting Js3mwtRc
{quote} Bulls are not ready yet and the bears are taking the advantage, but I am not sure if they can make it down to 1.0605, waiting to see after that hourly close below 1.0638 is continuing the drop from the highs. Near the daily target - 55 pips.
Range trading still below 1.0669, I don't think that bounce will reach too high above todays top - maybe some pips higher but I look for a return back to 1.0640 again, 1.0611 again better
Looking for profitable short term trades ...|
  • #163,791
  • Dec 27, 2022 11:06am Dec 27, 2022 11:06am
Quoting Ata-Turkoglu
I am marking 1.0633 as nearest resistance on M30.... Edit: Here at 1.0640, now I am getting ready to look for an entry point of a sell order with help of M1.... Edit 2: Entered short here at 1.0649... stop: 18 pips.. target: open...
what is target?
  • #163,792
  • Dec 27, 2022 11:07am Dec 27, 2022 11:07am
Quoting ykk76
{quote} what is target?
open
Focus only on what truly matters!
  • #163,793
  • Dec 27, 2022 11:34am Dec 27, 2022 11:34am
Quoting Ata-Turkoglu
I am marking 1.0633 as nearest resistance on M30.... Edit: Here at 1.0640, now I am getting ready to look for an entry point of a sell order with help of M1.... Edit 2: Entered short here at 1.0649... stop: 18 pips.. target: open...
Closed order here at 1.0637 with +12 pips... Time is getting late and that's what I see as enough for the day, so I am calling it day dear folks..

Trade safe until we meet again.. Cheers
Focus only on what truly matters!
  • #163,794
  • Dec 27, 2022 3:19pm Dec 27, 2022 3:19pm
Gm all,

we are remain in the range between 0670 and 0570 ( approximately 100 pips)

We are now at 0640ish, closing below may bring us 0610 again then if we break below we shall see 0580ish

but closing above bull may attemp to break above 0670 again. Nothing really moving the pa. We might be within the range until new year.

green pips
Patience, Emotion Control and Discipline.
  • #163,795
  • Dec 27, 2022 4:42pm Dec 27, 2022 4:42pm
For me now most of all pairs are on save energy mood. Especially EURUSD. Most likely in the beginning of the next year we will see the strong grow or strong fall. Maybe even in the beginning of the next trading week. Let's see.
  • #163,796
  • Dec 28, 2022 1:08am Dec 28, 2022 1:08am
EU is not moving much, waiting for more volume inside a tight range. The volatility is 59 pips and in the news the US Pending Home Sales release is what I'll watch for more clues later in the US session.

Now the best strategy these days is to fade tops and bottoms but I am not saying that the EU will not move outside the range (1.0669/1.0574) and target more pips than the predicted. Stay safe and green pips!

1H chart
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Looking for profitable short term trades ...|
  • #163,797
  • Dec 28, 2022 1:40am Dec 28, 2022 1:40am
Quoting Js3mwtRc
EU is not moving much, waiting for more volume inside a tight range. The volatility is 59 pips and in the news the US Pending Home Sales release is what I'll watch for more clues later in the US session. Now the best strategy these days is to fade tops and bottoms but I am not saying that the EU will not move outside the range (1.0669/1.0574) and target more pips than the predicted. Stay safe and green pips! 1H chart {image}
Yup nothing has really change since last week.
Patience, Emotion Control and Discipline.
  • #163,798
  • Dec 28, 2022 1:40am Dec 28, 2022 1:40am
Quoting johncen
Gm all, we are remain in the range between 0670 and 0570 ( approximately 100 pips) We are now at 0640ish, closing below may bring us 0610 again then if we break below we shall see 0580ish but closing above bull may attemp to break above 0670 again. Nothing really moving the pa. We might be within the range until new year. green pips
Yes, I think we are going to stay in this range until Tuesday at least 1.0637 is critical for this month's close.
Looking for profitable short term trades ...|
  • #163,799
  • Dec 28, 2022 1:44am Dec 28, 2022 1:44am
Quoting Js3mwtRc
{quote} Yes, I think we are going to stay in this range until Tuesday at least 1.0637 is critical for this month's close.
I have similiar level around 0640.
Patience, Emotion Control and Discipline.
  • #163,800
  • Dec 28, 2022 2:18am Dec 28, 2022 2:18am
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