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EURUSD only

  • #202,261
  • Oct 21, 2024 9:50am Oct 21, 2024 9:50am
Quoting Ata-Turkoglu
Bulls are losing it... Can they protect 1.0832 area? Let's see...
I have a strong support at 1.077-1.079. I suspect it will at least tap the range line before any major reversal occurs.
  • #202,262
  • Oct 21, 2024 10:36am Oct 21, 2024 10:36am
I'm waiting for the new low, look at the strength and size of the current h4
  • #202,263
  • Oct 21, 2024 12:41pm Oct 21, 2024 12:41pm
Quoting Traderview
{image} {image}
Attached Image (click to enlarge)
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  • #202,264
  • Oct 21, 2024 1:36pm Oct 21, 2024 1:36pm
Quoting yvestrcz
Now on the sidelines, however I'd be prone to believe bears will make it through the supporting descending line, and then I expect them to get to around 1.0814 territory. Or we are going to see a bounce to the upward direction. Time will tell as always. {image}
Price has arrived to 1.0814 territory as anticipated. Chances are this support is not going to last long, but who knows?
  • #202,265
  • Oct 21, 2024 2:07pm Oct 21, 2024 2:07pm
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
  • #202,266
  • Oct 21, 2024 3:00pm Oct 21, 2024 3:00pm
Double bottom? Maybe? Hopefully? Possibly? Probably? Not?
  • #202,267
  • Oct 21, 2024 4:58pm Oct 21, 2024 4:58pm
According to EUR/USD's momentum, heavy bearish movement is still expected. The strength meter indicates further downside on EUR/USD. Take profit at 1.08024
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 41 KB
  • #202,268
  • Oct 21, 2024 7:37pm Oct 21, 2024 7:37pm
Quoting Matts Micro
So 2 months ago on my reading to Right of the chart I came up with this: {image} Now Gartley complete. Imo we should eventually hit new LL's. Looking for more fluent reversal signals ie H&S / rising wedge etc and further harmonics on the larger TF's to support my case. Same Chart. {image}
Ho-hum, still on the short side. Next stop 1.0744.
As the lights go by so too do the shadows move
  • #202,269
  • Oct 21, 2024 8:10pm Oct 21, 2024 8:10pm
Quoting Traderview
{quote} {image}
Good view. long term it looks like the price action is still bearish to levels of low 1.07's. What I am pondering is the one way bearish price since Oct and 1.2 levels. Hardly a good pull back for a healthy bearish trend.
  • #202,270
  • Oct 21, 2024 8:17pm Oct 21, 2024 8:17pm
Quoting vinesh1
Double bottom? Maybe? Hopefully? Possibly? Probably? Not?
Might actually sweep liquidity below double bottom and make a lower low before a ride up. Who knows.
  • #202,271
  • Oct 21, 2024 8:52pm Oct 21, 2024 8:52pm
EURUSD price fell yesterday and drew a lower low indicating a strong downtrend. But the decline has faded and now the price is trying to rise weakly.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 22 10 2024 h1.png Size: 13 KB
I trade at FXOpen
  • #202,272
  • Oct 22, 2024 6:36am Oct 22, 2024 6:36am
Hmmm, I am careful here. The EUR still can have a spike down to 1.0770+- but... the whole story start looking like distribution again. The daily flip plops start to be similar to the ones like a month ago.
  • #202,273
  • Oct 22, 2024 6:46am Oct 22, 2024 6:46am
sttrrrannnggeee
I see 4 barriers within a 10 pip range either way, need a spike in some direction.
flat for now
while the objective is profit, the job description is risk management
  • #202,274
  • Oct 22, 2024 7:55am Oct 22, 2024 7:55am
Based on H1, if 1.0810 also doesn't support, we are going down down down Let's see....
Focus only on what truly matters!
  • #202,275
  • Oct 22, 2024 8:14am Oct 22, 2024 8:14am
Evidence for longs is tenuous at best. Stay safe. Trend is still down in my opinion.
  • #202,276
  • Oct 22, 2024 8:21am Oct 22, 2024 8:21am
Quoting Skracor247
Evidence for longs is tenuous at best. Stay safe. Trend is still down in my opinion.
A continuous ~400 pips drop is good evidence imho... We are probably very close to the bounce.. A little more patience!

*If 1.0810 can't support, we could drop an additional ~200 pips though
Focus only on what truly matters!
  • #202,277
  • Oct 22, 2024 8:26am Oct 22, 2024 8:26am
Quoting vinesh1
{quote} Might actually sweep liquidity below double bottom and make a lower low before a ride up. Who knows.
let's see if it holds. Have my doubts.
  • #202,278
  • Oct 22, 2024 8:38am Oct 22, 2024 8:38am
Quoting Ata-Turkoglu
{quote} A continuous ~400 pips drop is good evidence imho... We are probably very close to the bounce.. A little more patience! *If 1.0810 can't support, we could drop an additional ~200 pips though
Yes! Averages have outliers. Not every time. Keep it up brother.
  • #202,279
  • Oct 22, 2024 8:53am Oct 22, 2024 8:53am
I think they want to touch 1.078 to shake off any buyers
  • #202,280
  • Oct 22, 2024 9:07am Oct 22, 2024 9:07am
Quoting Bloodwish
I think they want to touch 1.078 to shake off any buyers
They (robber banks) want a thick stick right up their ass.. that's what they want
Focus only on what truly matters!
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