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  • #188,741
  • Feb 13, 2024 9:44am Feb 13, 2024 9:44am
Quoting pedro319
{quote} First touch will give big bounce most times, what happens after I don't know but break here and I expect 1.0590 to start with.
Did you mean a different number?
  • #188,742
  • Feb 13, 2024 9:44am Feb 13, 2024 9:44am
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  • #188,743
  • Feb 13, 2024 9:46am Feb 13, 2024 9:46am
Quoting mpmvfew
{quote} What broker did you use?
, fooled you my friend!! Do you see the crystal ball I am holding, s the day is not over Cheers mate !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #188,744
  • Feb 13, 2024 9:47am Feb 13, 2024 9:47am
Quoting Mitiblotch
{quote} So the US has another shitty data line up for tomorrow? Hahaha... those people every week with data. I think China should be the ones pulling this data stunt now.
they got to stay in business somehow. Also I think it’s on Thursday. (Enough time for it to pull back) #theyplanned
  • #188,745
  • Feb 13, 2024 9:49am Feb 13, 2024 9:49am
Quoting Mitiblotch
{quote} So the US has another shitty data line up for tomorrow? Hahaha... those people every week with data. I think China should be the ones pulling this data stunt now.
Yes, you should be Houdini to make it with the orders.. also I made a mistake in my post us retail news are at Thursday.
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  • #188,746
  • Feb 13, 2024 9:49am Feb 13, 2024 9:49am
Quoting mtako
{quote}, fooled you my friend!! Do you see the crystal ball I am holding, s the day is not over Cheers mate ! {image}
You'll get old waiting for that number. Hahahah...
  • #188,747
  • Feb 13, 2024 9:57am Feb 13, 2024 9:57am
Quoting Mitiblotch
{quote} You'll get old waiting for that number. Hahahah...
Buy stop 0720 TP0820SL07!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #188,748
  • Feb 13, 2024 10:17am Feb 13, 2024 10:17am
Quoting mtako
Do bears have the stomach to eat this 1.06x taco AND keep it down!?! Buy stop 0703 07074 07127 {image}
OH NO, will you eat the WHOLE thing???
  • #188,749
  • Feb 13, 2024 10:19am Feb 13, 2024 10:19am
Quoting Mitiblotch
{quote} Did you mean a different number?
I have 1.0669 and 1.0590 the latter is a proper bear target.
First a fat bounce from here.
We watch the charts from every angle so you don't have to!!
  • #188,750
  • Feb 13, 2024 10:24am Feb 13, 2024 10:24am
Quoting mtako
...
Quoting andvk74
{quote} OH NO, will you eat the WHOLE thing???
Poor TacoBuddy , yes, but Mr.Bear still has not catched it, so we still see a small glimmer of hope in the Taco-chihuahua's eyes

Quoting Mitiblotch
{quote} You'll get old waiting for that number. Hahahah...
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #188,751
  • Feb 13, 2024 10:29am Feb 13, 2024 10:29am
Quoting pedro319
{quote} I have 1.0669 and 1.0590 the latter is a proper bear target. First a fat bounce from here.
Yeah, monthly pivot is 1.0890 and we are firmly below it. I have treated this month as a bearish month right from start. I just need proper retracements.
  • #188,752
  • Feb 13, 2024 10:31am Feb 13, 2024 10:31am
Quoting Megashrek
I’m done for the day. I’m leaving my buy open until 1.075 then I’ll look to add a sell tomorrow. I hope you guys have a good rest of your day
1.07979 forex.com
When you don't know where your going, any road will take you there.
  • #188,753
  • Feb 13, 2024 10:33am Feb 13, 2024 10:33am
It seems that the price is below half of the destination...
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"No pain no gain"
  • #188,754
  • Feb 13, 2024 10:38am Feb 13, 2024 10:38am
Quoting Mitiblotch
{quote} Yeah, monthly pivot is 1.0890 and we are firmly below it. I have treated this month as a bearish month right from start. I just need proper retracements.
Mee too!
Stop Procrastinating
  • #188,755
  • Feb 13, 2024 10:42am Feb 13, 2024 10:42am
Quoting ahmerjamil
{quote} {image}
I have the same feeling and ma sell signal
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Scalping
  • #188,756
  • Feb 13, 2024 10:42am Feb 13, 2024 10:42am
Quoting Mitiblotch
{quote} Yeah, monthly pivot is 1.0890 and we are firmly below it. I have treated this month as a bearish month right from start. I just need proper retracements.
That is D1 1.618 Ext AB-CD, big deal, but 1.07 is weekly support.
We watch the charts from every angle so you don't have to!!
  • #188,757
  • Feb 13, 2024 10:48am Feb 13, 2024 10:48am
Quoting guguxpto
{quote} I have the same feeling and ma sell signal {image} {image}
TP1 C point, TP2 A point, Which has been completed!
Now i want to buying in lows!
Stop Procrastinating
  • #188,758
  • Feb 13, 2024 10:55am Feb 13, 2024 10:55am
Quoting pedro319
{quote} That is D1 1.618 Ext AB-CD, big deal, but 1.07 is weekly support.
Also I just found out that 1.0720 is yearly S1. We shouldn't be breaking it now. Let's see what price does.
  • #188,759
  • Feb 13, 2024 10:59am Feb 13, 2024 10:59am
Quoting ahmerjamil
{quote} TP1 C point, TP2 A point, Which has been completed! Now i want to buying in lows!
Are you fearful or bravely confident without being cocky??
We just caught the sharp hot falling knife!!

Quoting Mitiblotch
{quote} Also I just found out that 1.0720 is yearly S1. We shouldn't be breaking it now. Let's see what price does.
My yearly S1 is at 1.0565
We watch the charts from every angle so you don't have to!!
  • #188,760
  • Feb 13, 2024 11:09am Feb 13, 2024 11:09am
The US CPI data certainly had an impact on the EUR/USD pair, pushing it below the 1.0723 support level. This break below the previous swing low could indeed attract more bearish momentum and put pressure on the pair to continue its downward move. The next target could be the 1.0656/1.0643 zone if the price manages to break out of the falling wedge pattern.

The previous high of the recent downward leg (1.0805) is currently acting as a resistance level, and a break above that could potentially shift the momentum in favour of the bulls. However, given the strength of the bearish move following the US CPI release, it's likely that the bears will remain in control for the time being.

Wishing you a great rest of your day and of course, lots of green pips!

Until next time, take care and happy trading!
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