EURUSD only

good call

Now stay even more careful: bulls are ramming doors of 1.1655.... Watching with popcorn

M5: all good until 1.1670.. That's next area where intraday traders must watch...

FYI: We are simply penetrating into the WEEKLY resistance... Nothing can be count as a confirmed breakout! It is only a piercing through!

So trade careful until the end of this whole week!

The doors have been opened, and it has risen above the November high at 1.1655. The next targets are therefore 1.1668 (high 28th Oct.) and the zone around there, where there’s a strong, broad horizontal resistance. The zone is quite wide, ranging from 1.1670 to 1.1720, so anything in between will just be noise. But first, it has to make it that far, and that will be tough due to the increasingly overbought situation.

Right now, I'm watching the daily chart. As soon as the RSI goes above 70, I’ll try a short, no matter where it stands at that point. Of course with tight stops.

My personal opinion about the market at the moment is that the price wanted to test the swing high to the left. Two days ago there was a engulfing of the last bullish bar up, which gave a signal to go short, this is definitely a retest of the engulfing by 4H. Now I am personally waiting for a signal ab on 15m, to start some correction down at least. Here, for starters, there is one shooting star, but we need at least one more for confirmation. If I notice 5m there has been a change in the structure, which for me is an indication that the market will look for a second leg down so that at least the bears can close their shorts at zero, so now all I have to do is wait for a short signal, good luck

So far... I really hope that the flow after your post taught you a precious lesson... Next time, think twice before "winking" at me...

Cheers

H4: We are nearing an important harmonic pattern: AB=CD around ~1.1682....

Tja, so ist das Leben.

Oh nooo, 1,16666 Bad deja vu!

NY sesh gives EUR hard bull Run, conditions are still looking overbought... waiting for the long awaited pullback @1.167 to @1.16-1.158

As soon as it hits 1.1680, I’ll go short. Around that level, the RSI should be slightly below 70, which means that the other indicators on the hourly and minute charts will heavily be in the overbought zone as well. So, I’m slowly getting to the point where I’ll start adding short positions in stages. I usually do that when an overbought situation occurs on the daily chart.

What is the plan of New York session

my plan

Closed latest longs here at 1.1675 and calling it a day folks... Today I leave early...

Trade safe...

Cheers

Meine spontanen Schluss, bis Freitag! No comment ...

in 1 min trade

i am in now

I am still wating for my tp

The target was hit after much difficulty.