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  • #178,121
  • Aug 15, 2023 8:24am Aug 15, 2023 8:24am
1.09524 (Fibo extension of the previous triangle)
Next target : 1.09701
Attached Image (click to enlarge)
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(Open Pic & Watch)
We don't have very important news this week & we are likely to fluctuate in the zone of 1.09926 -1.09524
Although the market can surprise us
There is nothing wrong with being kind & loving to each other
  • #178,122
  • Aug 15, 2023 8:44am Aug 15, 2023 8:44am
Quoting JBRolim
Hi everyone, here just an insight, I could be wrong so go ahead with your plans. {image}
You have a lovely target
There is nothing wrong with being kind & loving to each other
  • #178,123
  • Aug 15, 2023 9:22am Aug 15, 2023 9:22am
That bounce from 1.0900 seems strong for EU to get to the circle

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Looking for profitable short term trades ...|
  • #178,124
  • Aug 15, 2023 9:46am Aug 15, 2023 9:46am
looks like cup and handle pattern forming on 1hr chart to me
  • #178,125
  • Aug 15, 2023 9:49am Aug 15, 2023 9:49am
Quoting Js3mwtRc
That bounce from 1.0900 seems strong for EU to get to the circle {image}
In 4H no favorable bullish structure has been formed yet Let's see if this happens or not. I don't like this structure at all. This price behavior is because it has an important area of 1.088 weeks
100-150 pips increase from it can be a good point for selling scalps
Attached Image (click to enlarge)
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It is a heavy weight for him. The event that I expected 2 weeks ago, we are watching this week
There is nothing wrong with being kind & loving to each other
  • #178,126
  • Aug 15, 2023 10:06am Aug 15, 2023 10:06am
Maybe we will see an increase in price from 1.08747, but it hasn't yet closed its previous Highs & is only growing with shadows, which isn't a favorable structure.
It is possible to have another drop ( 100% fibo extension is also filled) All these are buts & ifs that the market should break a suitable High or Low.

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I hope you have a great week. See you next week
There is nothing wrong with being kind & loving to each other
  • #178,127
  • Aug 15, 2023 10:08am Aug 15, 2023 10:08am
Quoting RaHaG0D
{quote} In 4H no favorable bullish structure has been formed yet Let's see if this happens or not. I don't like this structure at all. This price behavior is because it has an important area of 1.088 weeks 100-150 pips increase from it can be a good point for selling scalps{image} It is a heavy weight for him. The event that I expected 2 weeks ago, we are watching this week
1.0880 was a good target, many traders waited to hit (me too ) weeks now it should worth some more pips up but 1030/65 should be tough. Right I analyse the same chart every day... Zzzzz
Looking for profitable short term trades ...|
  • #178,128
  • Aug 15, 2023 10:10am Aug 15, 2023 10:10am
On M15, the bird couldn't hatch out yet... maybe scenario 2 then?

1.0923 area is key support for now...
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #178,129
  • Aug 15, 2023 10:30am Aug 15, 2023 10:30am
My bids are around 1.0910 area. Ping pong day. European close will give clue. As at now target upside imp is 1.0960.
  • #178,130
  • Aug 15, 2023 10:36am Aug 15, 2023 10:36am
Quoting pedro319
{quote} That sounds good, I will sell one at 1.0952 if we get there.
We hit just one pip above 1.0953. Good trade you did there.
  • #178,131
  • Aug 15, 2023 10:51am Aug 15, 2023 10:51am
Quoting Matts Micro
{quote} Weekly rising wedge. See how it cracked the top level before the drop, this is typical before it comes down to break the lower edge. It is much the same as the BO of the 4hr TL we saw yesterday. At the moment price is at the level of confirming or denying the 4hr BO. Imo price really needs to recover the full 4hr BO by the end of the day for the bulls to really kick in (will be a LT buy signal). If price consolidates at this price or drops lower for a weekly close the LT bulls could find themselves in deep water. {image}
This trade is still open with the weekly BO bottom side. Could be a fake BO but riding it on ST MM so good even if comes up to knock me out on my covering SL.
As the lights go by so too do the shadows move
  • #178,132
  • Aug 15, 2023 12:28pm Aug 15, 2023 12:28pm
Quoting Ata-Turkoglu
On M15, the bird couldn't hatch out yet... maybe scenario 2 then? 1.0923 area is key support for now... {image}
As anticipated.. scenario 2 it is... Zzzzzzz.. boring!
Focus only on what truly matters!
  • #178,133
  • Aug 15, 2023 2:01pm Aug 15, 2023 2:01pm
Quoting Jasper1994
{image}
I shared my chart yesterday with 4h tf
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Tradeing is not your mate
  • #178,134
  • Aug 15, 2023 2:05pm Aug 15, 2023 2:05pm
One of the best ways to profit from the market is to pay attention to the CPI news and trade in one-minute time
  • #178,135
  • Aug 15, 2023 2:14pm Aug 15, 2023 2:14pm
Quoting myths
One of the best ways to profit from the market is to pay attention to the CPI news and trade in one-minute time
That means you are just gambling in the market
And you can easily got cut in that cpi news
There are many things you need to no in market don't rush the market
Keep calm and whatch the market behavior and scale out the good place to take trade
Tradeing is not your mate
  • #178,136
  • Aug 15, 2023 2:17pm Aug 15, 2023 2:17pm
Hmm...
It looks like 1.0880 is too early for strong bears.
1.08400 - 1.08600 is on the way?

*Or we are Waiting for Tomorrow eu news... If so 1.0900 can't be broken, and support will be Sitting there.

Good luck.
  • #178,137
  • Aug 15, 2023 2:18pm Aug 15, 2023 2:18pm
I think 1.0900 will hold it.
Cy u tommorow.
  • #178,138
  • Aug 15, 2023 2:50pm Aug 15, 2023 2:50pm
Quoting Jasper1994
{quote} That means you are just gambling in the market And you can easily got cut in that cpi news There are many things you need to no in market don't rush the market Keep calm and whatch the market behavior and scale out the good place to take trade
There is risk in any work and any style of trading, in my opinion, trading with CPI news has almost a low risk (entry time and orders are important)
In my opinion, the increase or decrease in the value of things is due to the powers
The real power here is the news
  • #178,139
  • Aug 15, 2023 4:37pm Aug 15, 2023 4:37pm
Good evening, hope you're well. For tomorrow, I have 1.0923 as resistance, and 1.0879 as support, 1H chart;
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  • #178,140
  • Aug 15, 2023 6:19pm Aug 15, 2023 6:19pm
I see a lot of bull build in this pair however can't claim the best pivot point because the range allows my price to swing at 1.08330 (maybe even more than 50 pips down from there). So for me it is not advisable to be too greedy to trade every day until the desired position is reached. I don't post my chart because it's really unnecessary (or maybe confusing for others because it was designed specifically for me). Just give the range points then each trader will know what to do with it.
Keep the faith and keep going
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