EURUSD only

Missed the new high.
Short at 1.12467. (Passive position)

With lady or no lady that was entirely expected.
I am expecting to see 1.11- 1.1055 in the near future where I will be buying for momentum trade.
Small change to the original plan.

how is this formation written in english ? expansion ?

I believe this is a megaphone (continuation pattern)

Closed at 1.12359 due to hesitation.

Quick Daily Outlook

A break above 1.1284 would mean new highs... Otherwise, we eventually go back to retest 1.0940 area... Zzzzz...

Using 5 min pullback to add more shorts at 1.1240
All stops above 1.1275.

Out the short position at 1.1230. tks Mr Knot said -ECB's rate hike in July will be possible but not certain!

It seems to me that we started 1st wave. .1192 - .1245 - 3rd wave down.
(edited)

Hello. Bulls today are slipping a little on eurusd, and not only on this pair. The day started briskly, in fact, immediately rewriting the maximum of the day, which in itself indicates the strength of the main trend, and then dances began with the removal of daily support. But they didn’t break anything locally, they just threw off the morning buyers, now they will go for the second run. I think we will see 1.1300 by the evening, if the news background does not break anything.
So far, everything is going well for the euro dollar. Therefore, I leave priority on signals to purchases, and I will start considering sales not earlier than tomorrow. If today they draw a downward wave, then only within the framework of a correction from the main trend in eurusd.

Are you ready for it???????

Happy Taco Tuesday fellow traders!!!

I am thrilled to be here reading such inspiring shares, thank you so much for sharing !!!

As some of you know, I am waiting for That bugger to pass and some dust to settle before more intraday trading,

For now, intraday wise, still ranging for me. Both directions failed to take it away far enough from the average core from which both recently had reciprocal enough movements.

That said, it's still mainly buy in the low and sell in the highs time !


My special Tuesday Taco Thought for you all, because, after all, that's what tacos are for :
May your wonderful successes continue to pile up and far into future, and also be bountiful in love, health, peace and happiness all the way through

morning. sellstop 253

Stop? TP?

Eu is getting kneejerks on bad news about the dollar, not a good sign for the continuation of the uptrend, bears seem strong!

Buckle up.
First partial YL 1.12050.

I'm waiting.
Needs NY to give it a push I guess.

Yes, action time at last !

These multi-day ranging conditions are in full effect till proven otherwise , so I wait still...

News was priced in or fake down movement?

For me, news time reaction is ongoing, but when it comes back up enough, like here, after that most recent down-move, usually means a move back in the highs under these ranging conditions, with or without news. I treat all price movements with utmost importance.

Let's see !