As the lights go by so too do the shadows move
- #195,822
- Apr 29, 2024 12:33pm Apr 29, 2024 12:33pm
- Joined Jan 2021 | Status: Trader | 2,622 Posts
Bulls are trying to convince traders to buy with them so they can sell but unfortunately nowadays traders have become really smart 
- #195,823
- Apr 29, 2024 1:15pm Apr 29, 2024 1:15pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
>0645 Buy <0640 Sell{image}
{quote}>0692 Buy <0687 Sell
{quote}{quote} >0728 Buy <0723 Sell
<0715 Sell
Good night dear Eurusd-only friends!!!
Have fun mates, but not too much fun
:
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #195,824
- Apr 29, 2024 2:09pm Apr 29, 2024 2:09pm
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move
- #195,825
- Edited 3:57pm Apr 29, 2024 3:45pm | Edited 3:57pm
- Joined Jul 2022 | Status: Trader | 1,412 Posts
Hi all, looks like support has established as it was tested a few times. The blue channel up still active, i think it may go to test the mid @ 0.5 fib level and there is a gap for grabs. For now I will try to enter scalp traders at the S/R levels for few pips +.
.
1H Chart
.1H Chart
- #195,827
- Apr 29, 2024 5:06pm Apr 29, 2024 5:06pm
- Joined May 2014 | Status: Full Time Trader | 27,252 Posts | Online Now
Quick H4 Outlook
- For Tuesday, I will use my H4 chart below for overall guidance.
- It is clear that bulls have the upper hand for now, however, both sides still need a breakout from the triangle.
- The side that can keep price below/above 1.0707 will decide where price goes next.
- If bulls protect 1.0707, we go to ~1.0815 levels...
- If bears break below 1.0707, we drop to ~1.0592 levels...
Let's see how it will go... But for now i am calling it a day... Trade safe!
Peace 
out...
Focus only on what truly matters!
- #195,828
- Apr 29, 2024 5:22pm Apr 29, 2024 5:22pm
How I read it is:
It will fill 50% of the inefficiency on the 4H at 1.08000 to 1.08030 and it will go down to at least 1.07430 matching the 50% of the recent low and high of the daily chart and also matching a bullish order block in the next few days. End of the week or next week it will retrace maximum to the 1.08030 level and then shoot below 1.0600 for the sell side liquidity.
Long term goal on the monthly chart is 1.02300.
It will fill 50% of the inefficiency on the 4H at 1.08000 to 1.08030 and it will go down to at least 1.07430 matching the 50% of the recent low and high of the daily chart and also matching a bullish order block in the next few days. End of the week or next week it will retrace maximum to the 1.08030 level and then shoot below 1.0600 for the sell side liquidity.
Long term goal on the monthly chart is 1.02300.
GMT(+3)
- #195,829
- Apr 29, 2024 7:11pm Apr 29, 2024 7:11pm
Quick H4 Outlook For Tuesday, I will use my H4 chart below for overall guidance. It is clear that bulls have the upper hand for now, however, both sides still need a breakout from the triangle. The side that can keep price below/above 1.0707 will decide where price goes next. If bulls protect 1.0707, we go to ~1.0815 levels... If bears break below 1.0707, we drop to ~1.0592 levels... Let's see how it will go... But for now i am calling it a day... Trade safe! Peace
- #195,830
- Apr 29, 2024 10:41pm Apr 29, 2024 10:41pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,484 Posts
EUR/USD dropped to near 1.0700 from a 1.0722 high at Asia, more resistance is at 1.0734/53 and support at 1.0690 and 1.0674. Today European CPI'S and GDP'S should make for the range or break it.
Daily volatility (range) 51 pips
Option expiries for Tuesday: 1.0614 (EU695m), 1.0750 (EU687.2m), 1.0700 (EU582.4m) source: financialjuice.com
1 hour
Green pips!
Daily volatility (range) 51 pips
Option expiries for Tuesday: 1.0614 (EU695m), 1.0750 (EU687.2m), 1.0700 (EU582.4m) source: financialjuice.com
1 hour
Green pips!
Looking for profitable short term trades ...|
- #195,831
- Apr 29, 2024 11:59pm Apr 29, 2024 11:59pm
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,484 Posts
EUR/USD dropped to near 1.0700 from a 1.0722 high at Asia, more resistance is at 1.0734/53 and support at 1.0690 and 1.0674. Today European CPI'S and GDP'S should make for the range or break it. Daily volatility (range) 51 pips Option expiries for Tuesday: 1.0614 (EU695m), 1.0750 (EU687.2m), 1.0700 (EU582.4m) source: financialjuice.com 1 hour {image} Green pips!
Looking for profitable short term trades ...|
- #195,835
- Apr 30, 2024 1:47am Apr 30, 2024 1:47am
- Joined May 2014 | Status: Full Time Trader | 27,252 Posts | Online Now
Quick H4 Outlook
So far, bears did really good. But, can they keep going?
To answer the question we first must beware that candles are now inside a "descending triangle"!!! As long as we are below 1.0711-ish area (i.e. below the descending edge of triangle), bears will probably try to break below ~1.0680 area. So I roll with bears for now, but I still trade mixed.
I hope it helps..
Happy trading day to all
So far, bears did really good. But, can they keep going?
To answer the question we first must beware that candles are now inside a "descending triangle"!!! As long as we are below 1.0711-ish area (i.e. below the descending edge of triangle), bears will probably try to break below ~1.0680 area. So I roll with bears for now, but I still trade mixed.
I hope it helps..
Happy trading day to all
Focus only on what truly matters!
- #195,838
- Apr 30, 2024 2:15am Apr 30, 2024 2:15am
- Joined May 2014 | Status: Full Time Trader | 27,252 Posts | Online Now
Focus only on what truly matters!
. just my opinion
- #195,840
- Apr 30, 2024 2:46am Apr 30, 2024 2:46am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move