the bulls will pull through
- #189,384
- Feb 20, 2024 10:09am Feb 20, 2024 10:09am
- Joined Feb 2012 | Status: Trader | 5,619 Posts
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #189,386
- Feb 20, 2024 10:15am Feb 20, 2024 10:15am
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Based on H1, I am marking ~1.0800 area as nearest support since the level is a BRN (big round number)... Go bulls go! 
Focus only on what truly matters!
- #189,388
- Feb 20, 2024 11:15am Feb 20, 2024 11:15am
- Joined Feb 2012 | Status: Trader | 5,619 Posts
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #189,389
- Feb 20, 2024 11:16am Feb 20, 2024 11:16am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,488 Posts
EU had a successful day 
after many below 1.0800/05, it has found support at 1.0761 this morning a level that it must defend if, it has to rise further up. 1.0862/65 and higher (see daily chart) are it's next targets on a dovish FOMC tomorrow 
. If, the bulls fail to hold the support area then a close below the 1.0761 & the trendlines will lead it to 1.0723 first, and if this support faill to hold too then 1.0695 should come next for a test 
.
Keep up the good work, and let's see how the market reacts to the FOMC meeting tomorrow
From me have a great rest of your trading day!
after many below 1.0800/05, it has found support at 1.0761 this morning a level that it must defend if, it has to rise further up. 1.0862/65 and higher (see daily chart) are it's next targets on a dovish FOMC tomorrow . If, the bulls fail to hold the support area then a close below the 1.0761 & the trendlines will lead it to 1.0723 first, and if this support faill to hold too then 1.0695 should come next for a test . Keep up the good work, and let's see how the market reacts to the FOMC meeting tomorrow
From me have a great rest of your trading day!
Looking for profitable short term trades ...|
- #189,392
- Feb 20, 2024 1:18pm Feb 20, 2024 1:18pm
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Focus only on what truly matters!
- #189,395
- Feb 20, 2024 2:14pm Feb 20, 2024 2:14pm
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
{quote} I'm a bit new to this so I apologize for asking questions...but what makes you say mandatory and how did you determine those specific levels?
And this thread is not for "how"s, since they require a lot of explaining.. Here we simply share what we see or anticipate...
Best wishes
Focus only on what truly matters!
- #189,396
- Feb 20, 2024 2:54pm Feb 20, 2024 2:54pm
- Joined Apr 2011 | Status: Liverpool's KOP | 8,033 Posts
Patience, Emotion Control and Discipline.
- #189,399
- Feb 20, 2024 8:48pm Feb 20, 2024 8:48pm
- Joined Jul 2011 | Status: Trader | 3,177 Posts
Holy Betting Grail strategy
