Price can come up to 1.0875 before news
- #189,583
- Feb 22, 2024 2:27am Feb 22, 2024 2:27am
- Joined Sep 2017 | Status: Trader | 11,266 Posts | Online Now
{quote} We dont know thats why we have to lower the chances to lose much! Small stops or lower lots can be safer for the buyer here. Although bears are not very sure too!
- #189,584
- Feb 22, 2024 2:29am Feb 22, 2024 2:29am
- | Commercial User | Joined Jul 2013 | 7,890 Posts
Intraday confluence support 1.0784-69, price gets attracted to these zones, let's see if that is the case.
Best R:R area for longs by far.
It is worth the waiting unless you want to give profits back to market.
Best R:R area for longs by far.
It is worth the waiting unless you want to give profits back to market.
We watch the charts from every angle so you don't have to!!
- #189,585
- Feb 22, 2024 2:30am Feb 22, 2024 2:30am
- Joined Sep 2017 | Status: Trader | 11,266 Posts | Online Now
- #189,586
- Edited 2:50am Feb 22, 2024 2:36am | Edited 2:50am
- | Commercial User | Joined Jul 2013 | 7,890 Posts
Yes we agree!
I agree with your views on weekly chart as you know well, I am just trying to take advantage of every single potential turning point.
Only high R:R trades.
I am interested in reaction to 1.0860, if we move back above then will challenge the highs more likely.
Cheers.
I agree with your views on weekly chart as you know well, I am just trying to take advantage of every single potential turning point.
Only high R:R trades.
I am interested in reaction to 1.0860, if we move back above then will challenge the highs more likely.
Cheers.
We watch the charts from every angle so you don't have to!!
- #189,587
- Feb 22, 2024 2:44am Feb 22, 2024 2:44am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,453 Posts
ok
Looking for profitable short term trades ...|
- #189,588
- Feb 22, 2024 2:47am Feb 22, 2024 2:47am
- Joined Feb 2012 | Status: Trader | 5,619 Posts
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
- #189,589
- Edited 3:23am Feb 22, 2024 3:11am | Edited 3:23am
- | Commercial User | Joined Jul 2013 | 7,890 Posts
Yes we agree! I agree with your views on weekly chart as you know well, I am just trying to take advantage of every single potential turning point. Only high R:R trades. I am interested in reaction to 1.0860, if we move back above then will challenge the highs more likely. Cheers.
Now the evidence will start to mount to make a compelling case.
I made a little mistake. First confluence support is indeed 1.0814-10
We watch the charts from every angle so you don't have to!!
- #189,590
- Feb 22, 2024 3:22am Feb 22, 2024 3:22am
- Joined Jul 2011 | Status: Trader | 3,149 Posts
Holy Betting Grail strategy
- #189,591
- Feb 22, 2024 3:29am Feb 22, 2024 3:29am
- Joined May 2014 | Status: Full Time Trader | 27,151 Posts
1.0888 has been reached based on momentum.. Normal resistance was at 1.0875! That said, the Inverted H&S pattern is still possible. But for that bears have to attack 1.0839 area and break below. 
Focus only on what truly matters!
- #189,592
- Feb 22, 2024 3:31am Feb 22, 2024 3:31am
- Joined Jul 2011 | Status: Trader | 3,149 Posts
Holy Betting Grail strategy
- #189,594
- Feb 22, 2024 3:43am Feb 22, 2024 3:43am
- | Commercial User | Joined Jul 2013 | 7,890 Posts
1.0888 has been reached based on momentum.. Normal resistance was at 1.0875! That said, the Inverted H&S pattern is still possible. But for that bears have to attack 1.0839 area and break below.{image}
You needed the right shoulder before the neckline, just saying.
We watch the charts from every angle so you don't have to!!
- #189,596
- Feb 22, 2024 4:00am Feb 22, 2024 4:00am
- | Commercial User | Joined Jul 2013 | 7,890 Posts
{quote} I’m expecting news to give it up for us
FX Bible says: "Patience is something that requires a lot of patience" Chp 4 vs 9
We watch the charts from every angle so you don't have to!!
- #189,597
- Feb 22, 2024 4:02am Feb 22, 2024 4:02am
- Joined May 2014 | Status: Full Time Trader | 27,151 Posts
{quote} It does not look like inverted H&S to me. You needed the right shoulder before the neckline, just saying.
Best wishes
Focus only on what truly matters!
- #189,598
- Feb 22, 2024 4:02am Feb 22, 2024 4:02am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
{quote} Usually these setups will give 100 pips (bounce) if not complete reversal. FX Bible says: "Patience is something that requires a lot of patience" Chp 4 vs 9
Stop Procrastinating
- #189,600
- Feb 22, 2024 4:04am Feb 22, 2024 4:04am
- Joined Jan 2024 | Status: #freepalestine | 3,712 Posts
So with the next down move we can project D ? {image}
Stop Procrastinating