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  • #6,441
  • Sep 4, 2024 1:10am Sep 4, 2024 1:10am
Quoting ahmerjamil
Based on H1, I am marking 1.1061 as nearest resistance!
My high before this small drop is at 1.1060, what is yours!
Looking for profitable short term trades ...|
  • #6,442
  • Sep 4, 2024 1:15am Sep 4, 2024 1:15am
Quoting Js3mwtRc
{quote} My high before this small drop is at 1.1060, what is yours!
Almost same sir, Getting reaction!

M15:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-09-03_23-14-35.png Size: 34 KB
Stop Procrastinating
  • #6,443
  • Sep 4, 2024 1:17am Sep 4, 2024 1:17am
Quoting ahmerjamil
{quote} Almost same sir, Getting reaction! M15: {image}
I think thats just a small drop and that it will continue up unless it falls below 1.1045/50!
Looking for profitable short term trades ...|
  • #6,444
  • Sep 4, 2024 1:26am Sep 4, 2024 1:26am
Quoting Js3mwtRc
{quote} I think thats just a small drop and that it will continue up unless it falls below 1.1045/50!
Yeah, If the bullish move is to continue, then at least 1.1043 (0.5 FIB) 1.1039 (0.618 FIB) should be reached!
But we will see price action here!
Stop Procrastinating
  • #6,445
  • Sep 4, 2024 1:30am Sep 4, 2024 1:30am
Quoting ahmerjamil
{quote} Yeah, If the bullish move is to continue, then at least 1.1043 (0.5 FIB) 1.1039 (0.618 FIB) should be reached! But we will see price action here!
I think we are going to see Daily R1 and maybe more consolidation again after! Only need to watch flash news later at US, a reason for bulls to push more before towards 1.1077!

Support first then
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  • #6,446
  • Sep 4, 2024 1:34am Sep 4, 2024 1:34am
Quoting ahmerjamil
{quote} Yeah agreed, Btw where is Daily, R1?
Pivot point indi at 1.1068. More at previous daily highs zone 1073/77
Looking for profitable short term trades ...|
  • #6,447
  • Sep 4, 2024 1:36am Sep 4, 2024 1:36am
Quoting Js3mwtRc
{quote} Pivot point indi at 1.1068. More at previous daily highs zone 1073/77
Ops, Sorry i deleted my quote, Thanks for telling!
Stop Procrastinating
  • #6,448
  • Sep 4, 2024 1:41am Sep 4, 2024 1:41am
Quoting ahmerjamil
{quote} Yeah, If the bullish move is to continue, then at least 1.1043 (0.5 FIB) 1.1039 (0.618 FIB) should be reached! But we will see price action here!
Remember: The bounce from 0.382 (1.1047) is not sustainable!
Stop Procrastinating
  • #6,449
  • Sep 4, 2024 1:44am Sep 4, 2024 1:44am
Quoting ahmerjamil
{quote} Remember: The bounce from 0.382 (1.1047) is not sustainable!
Watching for the hourly close above or below the big falling trendline around 1053!

Range trading unless we see a break out!
Looking for profitable short term trades ...|
  • #6,450
  • Sep 4, 2024 1:48am Sep 4, 2024 1:48am
Salam and good morning to all my friends
If after the current correction, bulls make one more higher high which May end around 1.1080 then we may have a big drop however if it does some correction which ends near 1.1040 then we may see a strong impulse wave to the upside in the New York session.
  • #6,451
  • Sep 4, 2024 1:51am Sep 4, 2024 1:51am
Quoting rehmatkhan00
Salam and good morning to all my friends If after the current correction, bulls make one more higher high which May end around 1.1080 then we may have a big drop however if it does some correction which ends near 1.1040 then we may see a strong impulse wave to the upside in the New York session.
W salam my brother, It can happen, For now I am waiting for 1.1043, 40 first!
Stop Procrastinating
  • #6,452
  • Sep 4, 2024 2:04am Sep 4, 2024 2:04am
Quoting rehmatkhan00
Salam and good morning to all my friends If after the current correction, bulls make one more higher high which May end around 1.1080 then we may have a big drop however if it does some correction which ends near 1.1040 then we may see a strong impulse wave to the upside in the New York session.
what if 1040 gives up!
Looking for profitable short term trades ...|
  • #6,453
  • Sep 4, 2024 2:06am Sep 4, 2024 2:06am
Above 1048 seems like bull is in favour and they have to climb above 1060.

though i believe we have unfinished business near 1.1
Patience, Emotion Control and Discipline.
  • #6,454
  • Sep 4, 2024 2:06am Sep 4, 2024 2:06am
Quoting ahmerjamil
{quote} W salam my brother, It can happen, For now I am waiting for 1.1043, 40 first!
but still be careful with buying
  • #6,455
  • Sep 4, 2024 2:08am Sep 4, 2024 2:08am
Quoting Js3mwtRc
{quote} what if 1040 gives up!
then we may see a big drop which could end somewhere between 1.0990 to 1.1010 or maybe even lower at 1.0950-70
  • #6,456
  • Sep 4, 2024 2:11am Sep 4, 2024 2:11am
Quoting rehmatkhan00
{quote} then we may see a big drop which could end somewhere between 1.0990 to 1.1010 or maybe even lower at 1.0950-70
Agree! Possible after Friday's payrolls!
Looking for profitable short term trades ...|
  • #6,457
  • Sep 4, 2024 2:11am Sep 4, 2024 2:11am
Quoting johncen
Above 1048 seems like bull is in favour and they have to climb above 1060. though i believe we have unfinished business near 1.1
This is what it looks like now!
Looking for profitable short term trades ...|
  • #6,458
  • Sep 4, 2024 2:12am Sep 4, 2024 2:12am
Quoting Js3mwtRc
{quote} Agree! Possible after Friday's payrolls!
yup today there is a possibility for a choppy price action
  • #6,459
  • Sep 4, 2024 2:20am Sep 4, 2024 2:20am
Quoting ahmerjamil
{quote} Remember: The bounce from 0.382 (1.1047) is not sustainable!
I still believe it, Bulls bounce from here will not be sustainable, At least 0.5 or Best is 0.618, And we will see!
Stop Procrastinating
  • #6,460
  • Sep 4, 2024 2:20am Sep 4, 2024 2:20am
Quoting rehmatkhan00
{quote} yup today there is a possibility for a choppy price action
Long hammer from 1047 on 15 min.
Looking for profitable short term trades ...|
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