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  • #6,441
  • Sep 3, 2024 11:10pm Sep 3, 2024 11:10pm
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!
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  • #6,442
  • Sep 3, 2024 11:15pm Sep 3, 2024 11:15pm
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 3, 2024 11:17pm Sep 3, 2024 11:17pm
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!
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  • #6,444
  • Sep 3, 2024 11:26pm Sep 3, 2024 11:26pm
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 3, 2024 11:30pm Sep 3, 2024 11:30pm
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 3, 2024 11:34pm Sep 3, 2024 11:34pm
Quoting ahmerjamil
{quote} Yeah agreed, Btw where is Daily, R1?
Pivot point indi at 1.1068. More at previous daily highs zone 1073/77
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  • #6,447
  • Sep 3, 2024 11:36pm Sep 3, 2024 11:36pm
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!
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  • #6,448
  • Sep 3, 2024 11:41pm Sep 3, 2024 11:41pm
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 3, 2024 11:44pm Sep 3, 2024 11:44pm
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 3, 2024 11:48pm Sep 3, 2024 11:48pm
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 3, 2024 11:51pm Sep 3, 2024 11:51pm
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 12:04am Sep 4, 2024 12:04am
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 12:06am Sep 4, 2024 12:06am
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 12:06am Sep 4, 2024 12:06am
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 12:08am Sep 4, 2024 12:08am
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 12:11am Sep 4, 2024 12:11am
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 12:11am Sep 4, 2024 12:11am
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 12:12am Sep 4, 2024 12:12am
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 12:20am Sep 4, 2024 12:20am
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 12:20am Sep 4, 2024 12:20am
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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