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EURUSD

  • #1,221,601
  • Aug 9, 2023 8:16am Aug 9, 2023 8:16am
update1
double top pattern...lets see what now...
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Trendlines H1,H4, SMC
  • #1,221,602
  • Edited 9:01am Aug 9, 2023 8:51am | Edited 9:01am
bears try to absorb/overcome demand ...... to make fail the re-accumulation ... bulls scanario
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The Average Discount Everything
  • #1,221,603
  • Aug 9, 2023 8:58am Aug 9, 2023 8:58am
Quoting hesron
медведи пытаются поглотить спрос ...... чтобы не допустить повторного накопления ... быки сканируют...
The dollar index rose briefly. 102,44-102,51
  • #1,221,604
  • Aug 9, 2023 9:10am Aug 9, 2023 9:10am
so far bulls still take control
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The Average Discount Everything
  • #1,221,605
  • Edited 9:34am Aug 9, 2023 9:14am | Edited 9:34am
Quoting BeeGold
{quote} The dollar index rose briefly. 102,44-102,51
eurusd in sideways mode .... nothing 100% correlation factor in market .... but always carefull (use cross ema 150 x ema 200 as filter = bias for tf m1), if bulls plan has fail ,if bears too strong

and it must always be understood, that the power of bears and bulls in the market is not weak, because prices move up and down based on the interests and needs of market owners (FED and ECB)
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The Average Discount Everything
  • #1,221,606
  • Aug 9, 2023 10:05am Aug 9, 2023 10:05am
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The Average Discount Everything
  • #1,221,607
  • Edited 11:12am Aug 9, 2023 10:17am | Edited 11:12am
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The Average Discount Everything
  • #1,221,608
  • Aug 9, 2023 10:59am Aug 9, 2023 10:59am
DXY
double bottm pattern = help for usd
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Trendlines H1,H4, SMC
  • #1,221,609
  • Aug 9, 2023 11:32am Aug 9, 2023 11:32am
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The Average Discount Everything
  • #1,221,610
  • Edited 1:04pm Aug 9, 2023 12:16pm | Edited 1:04pm
very good bulls , thanks
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bulls need very strong power now in low volatility (around 2 pips every move) ... but trend now = bullish , due to shakeout
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The Average Discount Everything
  • #1,221,611
  • Edited 12:33pm Aug 9, 2023 12:23pm | Edited 12:33pm
update2

the rising Wedge is still forming...
and bearisch flag there is too...pic2
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Trendlines H1,H4, SMC
  • #1,221,612
  • Aug 9, 2023 12:47pm Aug 9, 2023 12:47pm
Inserted Video
The Average Discount Everything
  • #1,221,613
  • Edited 4:05pm Aug 9, 2023 3:17pm | Edited 4:05pm
very hard action to build a trend
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The Average Discount Everything
  • #1,221,614
  • Aug 9, 2023 5:49pm Aug 9, 2023 5:49pm
. does anybody know why the market is very slow in this week? is there some special news coming out
  • #1,221,615
  • Aug 9, 2023 5:55pm Aug 9, 2023 5:55pm
Quoting StoppedOut
. does anybody know why the market is very slow in this week? is there some special news coming out
Waiting on major news releases
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  • #1,221,616
  • Aug 9, 2023 8:57pm Aug 9, 2023 8:57pm
Quoting T721
{quote} Waiting on major news releases {image}
Based on Oil going up in July I am expecting data to be flat to even an uptick. USD to remain strong while Euro flounders ...as it should fundamentally.
  • #1,221,617
  • Edited Aug 10, 2023 12:57am Aug 9, 2023 9:42pm | Edited Aug 10, 2023 12:57am
EURUSD UP not for make new up trend (major trend) ..... but market still sideways ... structure going make swing high to test 1.10
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yesterday bulls/market scenario is bullish , but still not complete
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market sideways because bears target has reach in tf h1
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Is Bulls not feasible to make a little correction (only in TF M1) .... before USD CPI coming
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The Average Discount Everything
  • #1,221,618
  • Aug 9, 2023 11:44pm Aug 9, 2023 11:44pm
Quoting hesron
very hard action to build a trend {image} {image}
this can be the right place
this is much like quasimodo setup
x = direction of trend
then abcde pattern (price action)
where e must go beyond a and c
fibo goes from d to e
enter at 50% pullback (f)



https://www.forexfactory.com/attachm...l?d=1691616413
  • #1,221,619
  • Aug 10, 2023 12:46am Aug 10, 2023 12:46am
my view
eurusd,
we can rise, but 14,30 CPI...so will see
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Trendlines H1,H4, SMC
  • #1,221,620
  • Edited 1:35am Aug 10, 2023 1:03am | Edited 1:35am
bear still remain very strong apparently as more space play for it . last 3rd of the existing swing , so up and down and may more complex!! anyway immediately looking for price below 0962 as just a start ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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