EURUSD only

May be this week is trying to close below 200EMA (on weekly)

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My "Truly" Final Chart for 2023

1. So far so good... 1.1045 area supported well and didn't allow bears to take back control: at least for now!
2. Next week, depending on where market opens, I will continue watching 1.1045 area support... If I see that bulls insist on staying above this level, I wouldn't shift my long-term bias to bearish just yet. No rush!
3. Overall, next I want to see if bulls can get back above 1.1075 area! Because while losing time below this level I feel like bear power could secretly grow. Bulls must therefore act quickly if they really want continuation!
4. As always: Time will tell!

Cheers

This will be the likely route for the first week of the new year
Along with best wishes in the new year to all my friends in this thread

4hr Chart. Good Morning!

Took position after the strong rejection bar from 1.112 area, waited for retracement and cause the top of the wick. Risk is out with some profit in the bag.

Support formed and held at the 23.6 Fib (1.1044) Getting mixed signals from the 4hr, hence the move of stop to take some profit in case bulls find their footing. End of the year, so I doubt we will see the power required to break any significant levels.

TP Target is down at 1.10071. In all honesty, if it doesn't break down I will be out today. Not willing to hold over the weekend given it's the 1st and the influx of capitol will probably make it jump. (Which way will be the question!)

Good luck all and try and Enjoy the upcoming New Year!

Same levels. + 1.1087.
Very tight stops.

I hope we touch 1.102XX today

Possibility of purchase for the 02 day, Gap approximately 35 pips, if this happens I intend to buy with Tp 1.1730

From earlier on, the bears did great on the 1H chart, now we are at the support level. It is now up to the bulls, 1H, and 5M charts;

Hi guys! I'm a new member here but been reading this thread for quite some time and i enjoy reading your analysist, I am learning a lot from this thread.

Maybe they will try one more time to crack 1.1045 before the market close today?

This year is near the end, next week we'll be trading at the new year - 2024! It was great trading with you all, I got many ideas, traded a lot of levels that coincided with mine but and not some times just with small lots or at demo account it was fun and also made some profits thank you for sharing your views and trades, you are great all even if, you are new yet to trading I am sure you will become better by the time and maybe and successful enough to teach us all your strategy and system.

As we look ahead to the new year, it's important to remember that trading is a continuous learning process. Even the most experienced traders can always learn new strategies and techniques to improve their trading performance.

As you continue to hone your skills, I encourage you to stay curious and open-minded, and to never stop learning. The markets are always changing, and it's important to adapt and evolve with them.

And remember, even if you don't always agree with other traders views or strategies, you can still learn from them and take away valuable insights.

So as we move into 2024, let's continue to work together and support each other on our trading journey. Happy trading to all, and may the new year bring you success and prosperity!



See you at Tuesday!

There's not gonna be a New Year's price ball drop??

Great and wonderful words. Same from me.

This thread is a good home for Traders. Thanks to Ata for keeping it clean and the daily outlook.

Happy new year's eve for everyone and a great 2024!

Chriss

Could be a nice target.If it’s get there I open a long for scalp.