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  • #200,021
  • Jul 15, 2024 1:55am Jul 15, 2024 1:55am
Meanwhile, on H1...

  1. Robber bulls started lower with a gap to create momentum, but so far they seem weak...
  2. I go with the standard breakout logic... Has not failed yet and ~1.0890 area is my current buying spot (because it is the latest breakout level)..
  3. I rinse and repeat until logic fails...

Happy new trading week to all

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 21 KB
Focus only on what truly matters!
  • #200,022
  • Edited 4:02am Jul 15, 2024 3:16am | Edited 4:02am
For now I focus on 1.0907 resistance... Can bulls break above? We can't be sure.. Let's see...

Edit: bulls won't let go... constant bull force on M15..
Focus only on what truly matters!
  • #200,023
  • Jul 15, 2024 5:25am Jul 15, 2024 5:25am
A letter to robber banks...

Dear robber bulls, I understand we will go higher..

That's fine with me.. BUT could we pleeeeez have some 90 pips correction as this currency often does?

Thanks in advance!
Focus only on what truly matters!
  • #200,024
  • Edited 5:50am Jul 15, 2024 5:35am | Edited 5:50am
Quoting Ata-Turkoglu
A letter to robber banks... Dear robber bulls, I understand we will go higher.. That's fine with me.. BUT could we pleeeeez have some 90 pips correction as this currency often does? Thanks in advance!
I Think they will keep pushing it up and then change the trend back to bearish like they did last year
But as you say when that happens it happens
Unless we get confirmation we cannot say that it will probably happen
  • #200,025
  • Jul 15, 2024 6:04am Jul 15, 2024 6:04am
Quoting vinesh1
1.092-1.097 good area for a sell. Lets see. I may jump the gun a little bit. With interest cut almost a guaranteed for Sept. EU will need to go down for it to go back up. Lots of liquidity down below.
initial target reached. Let's see if anymore juice left. Odd for it to break to new higs on Monday.
  • #200,026
  • Jul 15, 2024 6:07am Jul 15, 2024 6:07am
Quoting Bloodwish
{quote} I Think they will keep pushing it up and then change the trend back to bearish like they did last year But as you say when that happens it happens Unless we get confirmation we cannot say that it will probably happen
new high achieved on 4hr chart. it might run up to 1.0942 or even 1.0981 before bears make there more
  • #200,027
  • Jul 15, 2024 6:08am Jul 15, 2024 6:08am
eurusd is re-trying to test 1.09200, might break it, or fail
  • #200,028
  • Jul 15, 2024 6:10am Jul 15, 2024 6:10am
What do you think guys....?
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  • #200,029
  • Jul 15, 2024 6:19am Jul 15, 2024 6:19am
we have reach a higher hi at 1.0920 and the 4hr close is higher than 1.09092 on Friday. still seems bullish. but who knows?
  • #200,030
  • Jul 15, 2024 6:23am Jul 15, 2024 6:23am
Quoting 1mdtreeman
we have reach a higher hi at 1.0920 and the 4hr close is higher than 1.09092 on Friday. still seems bullish. but who knows?

Yeah, might still go bullish today
  • #200,031
  • Jul 15, 2024 6:39am Jul 15, 2024 6:39am
Quoting Ata-Turkoglu
A letter to robber banks... Dear robber bulls, I understand we will go higher.. That's fine with me.. BUT could we pleeeeez have some 90 pips correction as this currency often does? Thanks in advance!
Asking wont hurt, the NO is garanteed

  • #200,032
  • Jul 15, 2024 6:39am Jul 15, 2024 6:39am
Still more than 4 hours until Powell speech... We will suffer in boredom until then...
Focus only on what truly matters!
  • #200,033
  • Jul 15, 2024 7:00am Jul 15, 2024 7:00am
New here! I'm looking for a downturn. I primarily use Elliot Wave. Anybody else use that system?
  • #200,034
  • Jul 15, 2024 7:14am Jul 15, 2024 7:14am
Can bears keep it below 1.0907? Still a chance.. Let's see...
Focus only on what truly matters!
  • #200,035
  • Jul 15, 2024 7:25am Jul 15, 2024 7:25am
slow monday
  • #200,036
  • Jul 15, 2024 7:32am Jul 15, 2024 7:32am
Quoting Ata-Turkoglu
Can bears keep it below 1.0907? Still a chance.. Let's see...

If it goes below 1.0907 do you suggest that we Sell? Or we need more confirmations
  • #200,037
  • Jul 15, 2024 7:42am Jul 15, 2024 7:42am
If the price comes down to 1.0880-90 then it should create a good buying opportunity come on bears push it down so we can buy it again
  • #200,038
  • Jul 15, 2024 8:02am Jul 15, 2024 8:02am
A confusing 4h close
  • #200,039
  • Jul 15, 2024 8:04am Jul 15, 2024 8:04am
EU should make one more higher high which could end between 1.0930-50.
  • #200,040
  • Jul 15, 2024 8:09am Jul 15, 2024 8:09am
Quoting ztrader247
{quote} If it goes below 1.0907 do you suggest that we Sell? Or we need more confirmations
I don't suggest anything... Only observing... Price not being able to climb above 1.0907 could be an early sign of bull weakness!

I follow the H1 basic breakout system which has not failed yet. So, I keep my bullish bias for now..

Best wishes
Focus only on what truly matters!
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