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  • #6,221
  • Sep 2, 2024 1:35am Sep 2, 2024 1:35am
The blue area is holding for now!

1 hour
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 77 KB
Looking for profitable short term trades ...|
  • #6,222
  • Sep 2, 2024 1:36am Sep 2, 2024 1:36am
Quoting rehmatkhan00
{quote} 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.
Not if it moves to 1.1000 or even 1.0950 according my weekly analysis, but you are also right!
Looking for profitable short term trades ...|
  • #6,223
  • Sep 2, 2024 1:57am Sep 2, 2024 1:57am
Quoting ahmerjamil
{quote} Agreed, 1.1055 Is support now, Resistance at 1.1074, Based on H4 Channel!
Quoting ahmerjamil
{quote} Plus 0.618 (1.1074) FIB is also align!
Have fun on both sides!
Stop Procrastinating
  • #6,224
  • Sep 2, 2024 2:03am Sep 2, 2024 2:03am
Quoting Js3mwtRc
{quote} Not if it moves to 1.1000 or even 1.0950 according my weekly analysis, but you are also right!
if it goes these levels then of course, it’s a huge risk reward ratio however if it fails to break support around 40 then not good enough I guess
  • #6,225
  • Sep 2, 2024 2:06am Sep 2, 2024 2:06am
Quoting rehmatkhan00
{quote} if it goes these levels then of course, it’s a huge risk reward ratio however if it fails to break support around 40 then not good enough I guess
Right now We have Trendline support here, 1.1053, 1.1048!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-09-02_02-06-17.png Size: 27 KB

Let's see if Bears has the power to push this far!
Stop Procrastinating
  • #6,226
  • Sep 2, 2024 2:09am Sep 2, 2024 2:09am
Quoting rehmatkhan00
{quote} if it goes these levels then of course, it’s a huge risk reward ratio however if it fails to break support around 40 then not good enough I guess
Maybe tomorrow it starts trending again, today range trading!
Looking for profitable short term trades ...|
  • #6,227
  • Sep 2, 2024 2:10am Sep 2, 2024 2:10am
Quoting Js3mwtRc
{quote} Maybe tomorrow it starts trending again, today range trading!
Stop Procrastinating
  • #6,228
  • Sep 2, 2024 2:21am Sep 2, 2024 2:21am
Quoting Js3mwtRc
{quote} Maybe tomorrow it starts trending again, today range trading!
yeah I percent agree with you and the area near 1.1100 should be a good area for selling but with tight SL
  • #6,229
  • Sep 2, 2024 2:32am Sep 2, 2024 2:32am
Quoting braintec
{quote} can you explain how it works?
This indicator is designed based on Renko and Point&Finger pattern. And you can also check your own pattern for trading
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Attached File(s)
File Type: ex4 renkoPFIndicator.ex4   185 KB | 206 downloads
  • #6,230
  • Sep 2, 2024 2:34am Sep 2, 2024 2:34am
Quoting kourosh1347
{quote} This indicator is designed based on Renko and Point&Finger pattern. And you can also check your own pattern for trading {image} {file}
how can we use it? Such as how to enter and exit a trade?
  • #6,231
  • Sep 2, 2024 2:59am Sep 2, 2024 2:59am
Quoting rehmatkhan00
{quote} yeah I percent agree with you and the area near 1.1100 should be a good area for selling but with tight SL
Boring! You can use 1.1056 for bullish and bearish trades!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-09-02_12-54-41.png Size: 94 KB
Looking for profitable short term trades ...|
  • #6,232
  • Sep 2, 2024 3:00am Sep 2, 2024 3:00am
Mates, If this happens, We may have a bullish (Three drives pattern) Resistance at 1.1080, Let's see!

M15:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-09-02_02-59-42.png Size: 23 KB

Attached Image (click to enlarge)
Click to Enlarge Name: bullish-3-drives-2.jpg Size: 19 KB
Stop Procrastinating
  • #6,233
  • Sep 2, 2024 3:05am Sep 2, 2024 3:05am
Quoting Js3mwtRc
{quote} Boring! You can use 1.1056 for bullish and bearish trades! {image}
I was expecting much boring than this but it’s a little better than my expectations I think it will become much more boring during New York session
  • #6,234
  • Sep 2, 2024 3:08am Sep 2, 2024 3:08am
Quoting rehmatkhan00
{quote} I was expecting much boring than this but it’s a little better than my expectations I think it will become much more boring during New York session
I also thought it would be very boring but so far it's going well, But yeah it will be in NewYork!
Stop Procrastinating
  • #6,235
  • Sep 2, 2024 3:10am Sep 2, 2024 3:10am
Quoting ahmerjamil
Mates, If this happens, We may have a bullish (Three drives pattern) Resistance at 1.1080, Let's see! M15:{image} {image}
I agree my TP is at 1.10812
Rra di chelete
  • #6,236
  • Sep 2, 2024 3:13am Sep 2, 2024 3:13am
Quoting rehmatkhan00
{quote} I was expecting much boring than this but it’s a little better than my expectations I think it will become much more boring during New York session
C'mon now it's the first week of a new month
Rra di chelete
  • #6,237
  • Sep 2, 2024 3:28am Sep 2, 2024 3:28am
Quoting ahmerjamil
{quote} I also thought it would be very boring but so far it's going well, But yeah it will be in NewYork!
let’s see if it beats our expectations once again
  • #6,238
  • Sep 2, 2024 3:29am Sep 2, 2024 3:29am
Quoting Tshepside
{quote} C'mon now it's the first week of a new month
yup we should have more patience
  • #6,239
  • Sep 2, 2024 3:44am Sep 2, 2024 3:44am
Quoting ahmerjamil
Mates, If this happens, We may have a bullish (Three drives pattern) Resistance at 1.1080, Let's see! M15:{image} {image}
Come on bulls push it, Don't destroy this pattern!
Stop Procrastinating
  • #6,240
  • Sep 2, 2024 3:49am Sep 2, 2024 3:49am
Quoting rehmatkhan00
{quote} let’s see if it beats our expectations once again
bearish pullbacks are so slow I feel like Im on the wrong direction
But the corrections won't break 1.10610 it's a strong Fibo support level
As you said patience is key
Rra di chelete
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