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Attachments: EURUSD only
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EURUSD only

Meanwhile, on H4...

  1. Breakout from ellipse occurred... 1.0914 area is still the latest breakout level and support...
  2. Waiting for London opening...

Happy trading day to all

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Be a seer, not a looker!
EU is approaching the peak 1.0950 this month.
Price doing same thing over and over again ...
building fair value and after that searching new place to building again fair value ...

Attached Image (click to enlarge)
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Take notice how much time price are taking for building value and how less time it need for moving to a new place ...
Market is more simple as you think.
there must be something with eu right now I dont understand any more
Quoting Enagy
there must be something with ur right now I dont understand any more
No need to complicate.. Bulls need patience, that's all..
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Be a seer, not a looker!
Quoting Ata-Turkoglu
{quote} No need to complicate.. Bulls need patience, that's all.. {image}
Bearish divergences are forming here...

Daily:
Attached Image (click to enlarge)
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Stop Procrastinating
PPI is before CPI if it comes on extreme of either side
Cpi may get priced in beforehand
As PPI effects core PCE
The feds preferred inflation gauge
Let's see... hot data coming in 20 minutes...
Be a seer, not a looker!
Remember: bulls want to retest 1.0960/70 area... Give them the opportunity.. No rush dear bears!

I am marking 1.0930 as nearest support based on H1...
Be a seer, not a looker!
A mix data due to ex figures
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Ata's scenario most probable
Quoting Bloodwish
Ata's scenario most probable
ATA is a legend
I think the maximum for today is 1.0965-70. Nearest support comes around 1.0930
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Quoting rehmatkhan00
{quote} ATA is a legend
No doubt
Quoting xperta
I think the maximum for today is 1.0965-70. Nearest support comes around 1.0930 {image}
I think it can go to 90 which can become really strong resistance till CPI is released.
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1.0980 area needs to be worn down a little before breaking through to 1.1000 area.

I see there is an imbalance of the sell side, retail traders shorting into this. Expect the normal bear trap. The movers will be painting the tape down before pushing it up to catch the retail players.
Ecclesiastes 1:9
Mr. Atta is the knight in dark nights, lighting the way for traders.
We should all make Turkish coffee and name it after him, with a note underneath that says it's recommended for traders to enhance focus and accuracy in predictions.

Attached Image (click to enlarge)
Click to Enlarge Name: DALL·E 2024-08-13 18.08.23 - A realistic image of a man resembling the one in the provided photo, s Size: 2.0 MB
Successful trading is knowing yourself, not the market.
demo5 All Time Return: 177.6%
Quoting naseyllc
Mr. Atta is the knight in dark nights, lighting the way for traders. We should all make Turkish coffee and name it after him, with a note underneath that says it's recommended for traders to enhance focus and accuracy in predictions. {file}
New business idea
Quoting rehmatkhan00
{quote} I think it can go to 90 which can become really strong resistance till CPI is released.
Yes, with good momentum... but things are getting slugish.
But don't mind to see 1.0990-1.10 before the fall
Lol... Come on guys.. Can we focus on EURUSD again?

Thanks in advance
Be a seer, not a looker!
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