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  • #6,201
  • Sep 1, 2024 11:49pm Sep 1, 2024 11:49pm
Quoting Js3mwtRc
Is that bounce enough for the bull? 1.1057 is supporting for now and 1.1080 is achievable.
Agreed, 1.1055 Is support now, Resistance at 1.1074, Based on H4 Channel!
Stop Procrastinating
  • #6,202
  • Sep 1, 2024 11:51pm Sep 1, 2024 11:51pm
Quoting ahmerjamil
{quote} Agreed, 1.1055 Is support now, Resistance at 1.1074, Based on H4 Channel!
My trendline sits at 1.1070 but it can move above some pips!
Looking for profitable short term trades ...|
  • #6,203
  • Sep 1, 2024 11:52pm Sep 1, 2024 11:52pm
Quoting Js3mwtRc
{quote} My trendline sits at 1.1070 but it can move above some pips!
Yes, There is not much difference!
Stop Procrastinating
  • #6,204
  • Sep 1, 2024 11:57pm Sep 1, 2024 11:57pm
Quoting Js3mwtRc
Is that bounce enough for the bull? 1.1057 is supporting for now and 1.1080 is achievable.
I think the resistance around 70 should be closely watched if bulls reclaim area above this level then they may try to reclaim 1.1100 once again for which I see 60-70 percent of chances of success if it goes there again.
  • #6,205
  • Sep 1, 2024 11:58pm Sep 1, 2024 11:58pm
Quoting ahmerjamil
{quote} Agreed, 1.1055 Is support now, Resistance at 1.1074, Based on H4 Channel!
Plus 0.618 (1.1074) FIB is also align!
Stop Procrastinating
  • #6,206
  • Sep 2, 2024 12:01am Sep 2, 2024 12:01am
If bulls successfully hit 1.1130, then there is high probability that we maybe visiting area above 1.1200 level this week or maybe next week In Sha Allah.
  • #6,207
  • Sep 2, 2024 12:02am Sep 2, 2024 12:02am
Quoting ahmerjamil
{quote} Plus 0.618 (1.1074) FIB is also align!
yup technically there are a lot of signs for bullishness and very few for selling
  • #6,208
  • Sep 2, 2024 12:05am Sep 2, 2024 12:05am
Quoting rehmatkhan00
{quote} yup technically there are a lot of signs for bullishness and very few for selling
Absolutely, As this Trendline did not resistance, So if it comes down, It will become support, 1.1055!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-09-02_00-05-16.png Size: 30 KB
Stop Procrastinating
  • #6,209
  • Sep 2, 2024 12:12am Sep 2, 2024 12:12am
Quoting ahmerjamil
{quote} Yes, There is not much difference!
It does now it dropped a little!
Looking for profitable short term trades ...|
  • #6,210
  • Sep 2, 2024 12:17am Sep 2, 2024 12:17am
Quoting Js3mwtRc
{quote} It does now it dropped a little!
Yeah hehe, Today is a US bank holiday, But it doesn't seem like much of a difference!
Stop Procrastinating
  • #6,211
  • Sep 2, 2024 12:23am Sep 2, 2024 12:23am
Sitting over EMA 20& 50 on M30. Current Target 1.10750 & 1.11050. Support 1.10550 & 1.10475
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-09-02_03-20-55_60a68.png Size: 34 KB
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #6,212
  • Sep 2, 2024 12:23am Sep 2, 2024 12:23am
Quoting ahmerjamil
{quote} Absolutely, As this Trendline did not resistance, So if it comes down, It will become support, 1.1055! {image}
yup it should find a support around this area if it is again rejected at 70 then the price can drop below 50 once again.
  • #6,213
  • Sep 2, 2024 12:34am Sep 2, 2024 12:34am
Quoting ahmerjamil
{quote} Yeah hehe, Today is a US bank holiday, But it doesn't seem like much of a difference!
We may see less movement later but for now things are ok!
Looking for profitable short term trades ...|
  • #6,214
  • Sep 2, 2024 12:36am Sep 2, 2024 12:36am
If the resistance around 70 is broken, the price can be rejected at around 1.1090 to 1.1100.
  • #6,215
  • Sep 2, 2024 1:06am Sep 2, 2024 1:06am
The bulls seems to have entered into the area above 70, let’s see if they can maintain the price above this level
  • #6,216
  • Sep 2, 2024 1:09am Sep 2, 2024 1:09am
Quoting Js3mwtRc
{quote} It does now it dropped a little!
Yes! Greedy bulls can reach 1.1080 now.
Looking for profitable short term trades ...|
  • #6,217
  • Sep 2, 2024 1:11am Sep 2, 2024 1:11am
Quoting Js3mwtRc
{quote} Yes! Greedy bulls can reach 1.1080 now.
brother it shouldn’t be forgotten that the overall market is bull
  • #6,218
  • Sep 2, 2024 1:13am Sep 2, 2024 1:13am
Quoting rehmatkhan00
{quote} brother it shouldn’t be forgotten that the overall market is bull
Not my type! ...you are right but we may see many ups and downs until we get the break above 1.1100!
Looking for profitable short term trades ...|
  • #6,219
  • Sep 2, 2024 1:15am Sep 2, 2024 1:15am
Above 1070 mayb bull can go a bit higher
1.11 maybe
Patience, Emotion Control and Discipline.
  • #6,220
  • Sep 2, 2024 1:26am Sep 2, 2024 1:26am
Quoting Js3mwtRc
{quote} Not my type! ...you are right but we may see many ups and downs until we get the break above 1.1100!
of course 1.1100 is very important for bulls but I don’t see much benefits selling at this current level as the correction seems to be completed and risk reward ratio is not good enough.
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