DislikedGood morning every one , Hope everyone is fine. Small Input from my end - SELL CMP with good RR {image}Ignored
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- #197,122
- May 20, 2024 2:52am May 20, 2024 2:52am
Quick H4 and H1 Outlook Based on H4: I will focus on ~1.0896 area resistance... Bulls are still active, so we must watch bullish PA until charts give us clues about bull exhaustion. Based on H1: We can see that bulls started tossing at the walls of 1.0873/83. Can they pass through? If yes, H4 1.0896 will be their next attacking point. If no, we go down to retest 1.0840 levels. Happy new trading week to all{image} {image}
I agree with you. If We can stay above 1.0851 and no candle strongly closes below it, we will see 1.0915 very soon. But 1.0883 is a crucial level for bulls. If they can't overcome it, we may go to 1.0851. Price may bounce up from here. So, I will short at 1.0915 and long at 1.0851. Hope, it will help. Happy trading to all.
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- #197,125
- May 20, 2024 3:30am May 20, 2024 3:30am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts | Online Now
Patience, Emotion Control and Discipline.
- #197,126
- May 20, 2024 3:53am May 20, 2024 3:53am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
Question for this week to be: where is the top for eu?
- Assuming channel upper edge will resist, the top could be somewhere around ~1.0987
- IF however, some inner parallel lines and median lines etc. interfere, the earliest top would be around ~1.0908, which is close to current levels that we are dealing right now.
- This way or the other, we are probably at some 100 pips or lesser distance to the potential top.
My two cents
Focus only on what truly matters!
- #197,128
- May 20, 2024 4:05am May 20, 2024 4:05am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,442 Posts
Question for this week to be: where is the top for eu?
Where do you see eu?
Looking for profitable short term trades ...|
- #197,129
- May 20, 2024 4:14am May 20, 2024 4:14am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts | Online Now
{quote} Only some pips higher above 1.0900 in a not so strong bull momentum and at 1.0942/62 if it goes some higher!
{quote} No need to complicate. The answer is often in the simplest geometry: Channels! Assuming channel upper edge will resist, the top could be somewhere around ~1.0987 IF however, some inner parallel lines and median lines etc. interfere, the earliest top would be around ~1.0908, which is close to current levels that we are dealing right now. This way or the other, we are probably at some 100 pips or lesser distance to the potential top. My two cents
Patience, Emotion Control and Discipline.
- #197,131
- May 20, 2024 4:18am May 20, 2024 4:18am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,442 Posts
{quote} i have 0900-0920 for now
Looking for profitable short term trades ...|
Question for this week to be: where is the top for eu?
At the moment short trade in play.
- #197,133
- May 20, 2024 4:33am May 20, 2024 4:33am
- | Joined Mar 2022 | Status: Trader | 1,093 Posts
Till now the bull has not done any thing reasonable thou bears have the day so why do bulls gave a sign to buy 
- #197,134
- May 20, 2024 5:15am May 20, 2024 5:15am
- Joined Apr 2020 | Status: Offline | 3,298 Posts
"Exchange of hands"
- #197,135
- May 20, 2024 6:42am May 20, 2024 6:42am
- | Membership Revoked | Joined Feb 2022 | 2,509 Posts
_________________ SL = man.
Don’t focus on making $$$, focus on protecting what you have.
- #197,137
- May 20, 2024 7:24am May 20, 2024 7:24am
- | Membership Revoked | Joined Feb 2022 | 2,509 Posts
{image} _________________ SL = man.
Don’t focus on making $$$, focus on protecting what you have.
- #197,140
- May 20, 2024 7:53am May 20, 2024 7:53am
- Joined Dec 2022 | Status: Trader | 1,065 Posts
I only follow traders with IQ above 160