EURUSD only

Another week has passed and we are still within an accumulation zone. Punch up and punch down, ultimately the price continues to move sideways in longer timeframes. Pay attention to this area and be careful with handling.
(graphic time 1 hour)

they want to make sure that everybody is holding a short position to go long, who? You guys know...

Closed breakeven

1.0638 short
TP 1.06 SL1.0682
SL hit

TARGET HIT - BINGO

AB=CD completed on DAILY chart at 1.0628... Takes time until bulls kick in... Patience!

*Worst case: bears go lower for 1.27AB=CD (=1.0559) or 1.618AB=CD (=1.0470)... I hope that doesn't happen, but keep this also in mind!

Check this out:
sma20 high + sma20 low

You enter when the price is squeezed out of the channel but TP only for a small ammount of pips....lets say 35 pips.

Almost seems like it is working on H4

I have one limit buy triggered @ 1.06300

1.0600 could be in danger a more safe buy is above the weekly pivot

1 hour

1H chart

EURUSD is at the final bend for a comeback


https://www.tradingview.com/x/pxfv4HZn/

Structure is broken. So now let's wait for retest of 1.0633 ot a little higer area before longs. 4 hr also making lower high. Let's see.

ECB President Lagarde Speaks

in 22 minutes

EUR/USD experienced a drop to 1.0624 before recovering above the short term level of 1.0644. It seems like the pair might continue its upward movement, potentially reaching the 1.0675/90 region next.

There isn't a clear direction in the market at the moment, with the pair mostly trading within the 1.0601 - 1.0690 range. It's reasonable to expect this sideways movement to continue for a few more days before any significant price action occurs.

Maintaining a well-balanced approach, considering both potential rewards and risks, will be crucial during this period of range-bound trading. Keep an eye out for any major news or events that could trigger more substantial moves.



"Life is full of uncertainties, and sometimes not knowing what comes next is the best part of the journey."

Attached Image (click to enlarge)

Have an awesome end of the day!

TP here at 1.0650 about +20 pips

Not a lot happening now but I think the longs have ran out of gas.
Small short @ 1.0652.
Target is 1.0635 for a modest 17 piparoos

yes, im out with profits till tomorrow, my long started 1.06600 and added at the bottom of 1.06240 I cant watch this price action is too slow to hold

I have one Sell limit order waiting @ 1.06600

closed, i will wait for better entry because there is no reaction from sellers on this level