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  • #2,821
  • Jul 3, 2024 7:11am Jul 3, 2024 7:11am
That's a big daily zone! The bull stays strong 1.0816 on the radar.

4 hours
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  • #2,822
  • Jul 3, 2024 7:12am Jul 3, 2024 7:12am
Quoting rehmatkhan00
{quote} Price is always the king and fundamentals are always confusing piece of shit because I have lost a lot of money due to this fundamentals.
Understood!
Quoting rehmatkhan00
{quote} Sorry brother don’t get angry at my comment
Its okay, Brother...
Stop Procrastinating
  • #2,823
  • Jul 3, 2024 7:12am Jul 3, 2024 7:12am
Quoting ahmerjamil
{quote} First Target Is Done, 2nd Target at 1.0817...{image} {image}
brother, I think it will go to psychological levels such as 1.0820 30 or 40 after that we will see some correction In SHa Allah anyway I am trailing my SL
  • #2,824
  • Jul 3, 2024 7:14am Jul 3, 2024 7:14am
I am waiting for FOMC meeting minutes so they spit some shit and cause some correction in EU.
  • #2,825
  • Jul 3, 2024 7:14am Jul 3, 2024 7:14am
Quoting Js3mwtRc
That's a big daily zone! The bull stays strong 1.0816 on the radar. 4 hours {image}
1 hour waiting for a retrace
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  • #2,826
  • Jul 3, 2024 7:17am Jul 3, 2024 7:17am
I am expanding my resistance level a little due to price behavior so the new resistance level is 1.0820-40. I am expecting some correction from this level In Sha Allah.
  • #2,827
  • Jul 3, 2024 7:18am Jul 3, 2024 7:18am
Quoting rehmatkhan00
{quote} brother, I think it will go to psychological levels such as 1.0820 30 or 40 after that we will see some correction In SHa Allah anyway I am trailing my SL
You check, 1.0816 is the 1.618 Fib level, But yes 1.0820/30 can be as well...
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Stop Procrastinating
  • #2,828
  • Jul 3, 2024 7:22am Jul 3, 2024 7:22am
Quoting ahmerjamil
{quote} You check, 1.0816 is the 1.618 Fib level, But yes 1.0820/30 can be as well... {image}
The main move should over or we are going to see 1.0852 or very near!
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  • #2,829
  • Jul 3, 2024 7:24am Jul 3, 2024 7:24am
Just this is what happened

"Chair Miller: The June Services PMI indicates the overall economy is contracting for the first time in 17 months."
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  • #2,830
  • Jul 3, 2024 7:31am Jul 3, 2024 7:31am
Wait wait wait, H1 MACD Hidden Divergance is forming... Sell sell sell
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Click to Enlarge Name: EURUSD_2024-07-03_07-28-32.png Size: 28 KB

But Please Usd StopLoss!
Stop Procrastinating
  • #2,831
  • Jul 3, 2024 7:35am Jul 3, 2024 7:35am
Quoting Leandro199
{quote} I made a Fibonacci projection on this Power Break and the 476.40% Fibonacci projection gave the price of 1.08166. but I don't think it will reach 1.082 even today. the most possible target for today after the PMI is 1.07928 or a kiss at 1.080 {image}
Kudos!!! you wre on the mark my friend!
Live long and prosper with green pips!
  • #2,832
  • Jul 3, 2024 7:35am Jul 3, 2024 7:35am
The 1.0800-16 is not not the previous ranging area but also we have some fib levels meeting at the exact level so for me the possibility is that the price may range temporarily here and then it can break to the upside and reaching to 1.082-40 to balance itself.
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  • #2,833
  • Jul 3, 2024 7:36am Jul 3, 2024 7:36am
Quoting ahmerjamil
Wait wait wait, H1 MACD Hidden Divergance is forming... Sell sell sell {image} But Please Usd StopLoss!
Also we need to see some confirmation from macd!
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  • #2,834
  • Jul 3, 2024 7:38am Jul 3, 2024 7:38am
Quoting ahmerjamil
Wait wait wait, H1 MACD Hidden Divergance is forming... Sell sell sell {image} But Please Usd StopLoss!
brother wait for confirmation
  • #2,835
  • Jul 3, 2024 7:42am Jul 3, 2024 7:42am
Quoting Js3mwtRc
{quote} Also we need to see some confirmation from macd!
I will let you know when I find it...
Stop Procrastinating
  • #2,836
  • Jul 3, 2024 7:44am Jul 3, 2024 7:44am
It might get choppy but in the end 1.0755 is my target. Dropping to small timeframes can help

1 hour
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  • #2,837
  • Jul 3, 2024 7:45am Jul 3, 2024 7:45am
Great Analysis!
  • #2,838
  • Jul 3, 2024 7:46am Jul 3, 2024 7:46am
Quoting ahmerjamil
{quote} I will let you know when I find it...
Macd should turn down keep the divergence and eu close a bar down to confirm if it is an engulfing better! I dont play it it because macd is a lagging indicator but sometimes is good!
Looking for profitable short term trades ...|
  • #2,839
  • Jul 3, 2024 7:48am Jul 3, 2024 7:48am
Quoting rehmatkhan00
{quote} brother wait for confirmation
I never post without a confirmation... + I have H1 TL & I also had a 1.0816 (1.618) fib, But yes we can go to 1.0820/30/40
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-07-03_07-45-35.png Size: 95 KB
Stop Procrastinating
  • #2,840
  • Jul 3, 2024 7:55am Jul 3, 2024 7:55am
Quoting ahmerjamil
{quote} I never post without a confirmation... + I have H1 TL & I also had a 1.0816 (1.618) fib, But yes we can go to 1.0820/30/40 {image}
According to my calculation, it should make one mor higher high therefore be careful with TP as sometime aggressive counter tend entry may hurt a lot
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