I have just switched to short side as breakout failed.
Short trade is scalp and swing trade is still on long.
Short trade is scalp and swing trade is still on long.
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DislikedEUR/USD has been struggling to overcome the resistance zone around 1.0654/56. Despite the efforts of the bulls, the pair has not been able to break through this level. However, I believe that there's still a chance that it could happen within the next few hours or tomorrow, given that the 1.0624 level continues to provide support. It's important to keep an eye on any developments that could influence the market, such as economic data releases or geopolitical events, which might provide the necessary momentum for EUR/USD to finally break through...Ignored
DislikedQuick Wednesday Outlook Tomorrow after London opening, we will be either dealing with ~1.0587 area support or ~1.0649 area resistance. Bear momentum has slowed down for now and maybe even stopped but nothing is over yet. The only thing that bulls did so far is to slip out from the steep bearish channel. If bulls show no follow-through anytime until the end of this week, we probably continue deeper. Let's see if bulls can show some teeth. My two cents {image}Ignored
Disliked{quote} TS 18 pips. So PA went deeper than expected but wasn't complaining about the extra pips. The Gartley is now redundant which is perhaps a bullish signal. Long. {image}Ignored
Disliked{quote} Out on TS, 34 pips. Took a while but trade just hit target level. I entered a hedge short trade before buy was closed due to possible sharp movements, I have seen several signs the sellers are coming in but uncertain so have a tight stop. This potentially could fly up but I'm not greedy and happy with my 34 pips with my R:R more than satisfied. {image}Ignored
Disliked{quote} Bulls are trying to retrace back into the red channel and perhaps form a new blue channel up 1H {image}Ignored
DislikedI've started going long. Small buy at 1.0646. Cautiously starting my accumulation. Might get out around 1.07 at the middle of the imbalance. {image}Ignored
DislikedAs long as the orange zone maintains the price, my target for the day will be 1.0665. I am marking here. {image}Ignored
DislikedBased on 4h: Bears dominate the main trend, but for NOW we see that bear momentum is weakening. Therefore, I expect the price to retreat to 1.075 - 1.079 levels. {image}Ignored