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The Swamp

  • #117,441
  • Edited 12:52pm May 23, 2024 12:41pm | Edited 12:52pm
The 3h sits here at 0816.. It closes in 20 minutes
In 20 min it will be + or minus. The 4h at 0805.6. The day will close the next 4h. -0805 opens a floor to maybe the 6h at 0768.. 8h at 0736 12h at 0696.. I know some post that weel tl.. this is near the make or break point... Since the week range can take pa to 0750. Its all possible. We got some evidence.. The ypp R at 0918 held. The day trend at 0906 held. The equal leg up topped above 0889. Now pa is looking like a day 2 close below 0854 41 and 35. Breaking that 3h and 4h looks to add to aid fall. The fat lady has yet to sing. It atm appears she may. A long red candle closing 0805 may be here at close today
those who can, do. those who cant, talk about those who can
  • #117,442
  • May 23, 2024 12:47pm May 23, 2024 12:47pm
What is your view on Gold Gator?

I just bought the area around the low of last week 2332 seeking the TL top and may be it becomes a bullish flag.
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  • #117,443
  • May 23, 2024 12:54pm May 23, 2024 12:54pm
Quoting gatorinla
today will make 4 LC closes lower. This last one is below 0852 0841 and 0835.5. A lower value euro settling since Friday. The leg up to 0894, is 5 pips greater than the last leg up. A trend may be forming. {image}
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If she is to bounce, its near that point. If all she gives is 0824. That may be all you get.
those who can, do. those who cant, talk about those who can
  • #117,444
  • May 23, 2024 1:00pm May 23, 2024 1:00pm
Quoting gatorinla
You can do this all right and still be wrong. Factual being the last 24 close was below 0854 0841 0835. I can be bullish using the week close above all of these. I do think 0833 is near a giveme, when not factering the week close. My signal said short 0854. I was waiting for 0863/65 for a great entry. The signal is probably right. In saying it may not reach 0563
typo 0863
those who can, do. those who cant, talk about those who can
  • #117,445
  • May 23, 2024 1:03pm May 23, 2024 1:03pm
Quoting gatorinla
good for usd. Possible logg 0805 0816. Lower adr 0808 Its near 0833.. It may stay near this current h. After it may slip {image} {image}
This is your shot near 0805... But dont hang on to it if its against you.. Bears can break out..
It may be forming that long red b/o day candle
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  • #117,446
  • Edited 3:21pm May 23, 2024 2:59pm | Edited 3:21pm
Assuming the day closes below 0805. A short may be 0824 with some R 0836.. I will dial it in later. But these should be close. assuming it runs to 0824 once more. Friday it maybe 0751 or 0773.
-0809 may also be bearish.. But as many start to short below 0800.. 0790ish may bounce it. Maybe back to 0824 again in NY, late London before close. After that if may make the final move for next week. Why? 1. I speculate 0890 area may support some. Not that its a long. I dont know if it will support. 2. The attraction if it stalls may take it back to 0824. By then more shorts may come into the game. Triggered at 0824
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  • #117,447
  • May 23, 2024 3:28pm May 23, 2024 3:28pm
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those who can, do. those who cant, talk about those who can
  • #117,448
  • May 23, 2024 3:32pm May 23, 2024 3:32pm
Quoting gatorinla
{image}
Below 08 is where some short orders may trigger FOMO. 0790 is 34 pips from 0824. Somewhere in the 0824 area would be a good time to stop out some fresh shorts. It would also be a good time to reverse on those fresh longs from 079+ reverse bounce FOMO.. A drop after back below 0790 should add some liquid to 0750
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  • #117,449
  • May 23, 2024 3:43pm May 23, 2024 3:43pm
These are mostly already in the red here.. Sentiment is near 50/50
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  • #117,450
  • May 23, 2024 4:13pm May 23, 2024 4:13pm
its not the decisive close i wanted to see below 0805. It opened below 0812. I dont now. Anyway if its bullish, it will go to 0824. If its bearish, it may still have a good chance to go to 0824.. This close looks to be on the bull side of support. That dont mean it will not cross below at a later time. It does give a clue on the support. The spread is wide this time of the day. Later if price is near low or even making new lows. ADR is 53 pips. near 53 pips below 0824 may be a time to look to long depending on the adr at that moment. 27 pips was on the higher side above the attraction. 27 may work below 0824 as a fair risk to reward. A close below 0805 would of made things clearer. PA today tested R at 0854 0841 0835. It closed the day below them all. Make of that what you may. Pa moved more than a average to reach the low. Now we have a fresh adr. going below 0808 was beyond adr. PA can still fall to 0751 for the week average Friday
If closing below 0835.5 41 52 means anything. Those may be resistance. 0824 can resist, and attract
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  • #117,451
  • May 23, 2024 9:17pm May 23, 2024 9:17pm
Quoting gatorinla
its not the decisive close i wanted to see below 0805. It opened below 0812. I dont now. Anyway if its bullish, it will go to 0824. If its bearish, it may still have a good chance to go to 0824.. This close looks to be on the bull side of support. That dont mean it will not cross below at a later time. It does give a clue on the support. The spread is wide this time of the day. Later if price is near low or even making new lows. ADR is 53 pips. near 53 pips below 0824 may be a time to look to long depending on the adr at that moment. 27 pips was...
This 4h has closed below 0812 now.
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  • #117,452
  • May 23, 2024 9:22pm May 23, 2024 9:22pm
The 200 day has been so irrelevant. I forgot to mention it..
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  • #117,453
  • May 23, 2024 9:25pm May 23, 2024 9:25pm
this area needs a big red candle close below to breakout. Just dont be mad if it returns to it before more drop.
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those who can, do. those who cant, talk about those who can
  • #117,454
  • May 23, 2024 10:10pm May 23, 2024 10:10pm
Quoting Fadhl
What is your view on Gold Gator? I just bought the area around the low of last week 2332 seeking the TL top and may be it becomes a bullish flag. {image}
I haven't had time to look.
those who can, do. those who cant, talk about those who can
  • #117,455
  • May 23, 2024 10:28pm May 23, 2024 10:28pm
This candle represents a 6h close under 0809 and 0812. Its not a bullish sign. 0805 may get challenged soon.
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those who can, do. those who cant, talk about those who can
  • #117,456
  • May 23, 2024 10:34pm May 23, 2024 10:34pm
Quoting gatorinla
This candle represents a 6h close under 0809 and 0812. Its not a bullish sign. 0805 may get challenged soon. {image}
6h candle..
Dynamic trend support at 0805.. A established one at 0806 12..
maybe 0789 90.. the 200 day in there too..
If unable to break support here, the 0824 up attraction, may allow a dive after.
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those who can, do. those who cant, talk about those who can
  • #117,457
  • May 24, 2024 1:19am May 24, 2024 1:19am
Today's Support & Resistance on MT5 Templates

EURO
CABLE
GOLD

https://www.forexfactory.com/thread/...3#post14878093
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #117,458
  • May 24, 2024 3:53am May 24, 2024 3:53am
I would Love this 1H to close above this Triangle
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #117,459
  • May 24, 2024 3:59am May 24, 2024 3:59am
Quoting Avir
I would Love this 1H to close above this Triangle {image}
08342 look like the tank price.. lol
Im waiting for 08056..
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  • #117,460
  • May 24, 2024 4:09am May 24, 2024 4:09am
Quoting q_import
{quote} 08342 look like the tank price.. lol Im waiting for 08056.. https://www.youtube.com/watch?v=zeJD6dqJ5lo
May be , We haven't reach there yet to see the reaction , As I mentioned I have a hedge position at 1.0833 which is Monthly R1 that is below your 08342
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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