i am n this trade
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I'm Aayush.j
Trading EURUSD only 43,756 replies
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DislikedLooks like 1.1728 isn't a strong level for the traders. The price isn't moving from it far but I should give it some more time for the us market to open for good as its still Monday and volume might hit later. Until then Ill monitor the level in case it gives up with confirmation for a deep to 1.1682 or some lower where bullish volume must hiding.Ignored
Disliked{quote} 1680 first support. 1610-20 must hold for bull scenario to play out. I am not sure if we are still in wave b of the abc correction on daily tf. fundi outlook is not favouring the dollarsIgnored
Disliked{quote} Waiting for some lower too but now 1.1700 seems stronger might find support there. 1.1763 on 4 hours might still hold for some drop.Ignored
Disliked{quote} update EURUSD H4 trendlines, pattern We stayed above 1.1725–1.1736, so the guys pushed the price higher, we are in a rising channel, but … We have resistance (H4 pivot) at the 1.1760 – 1.1780 As long as we stay above the 1.1725 support, the market is in a neutral–bullish phase. A rising wedge is a WARNING of weakening momentum. Why R3 is important (technically): There is a confluence of: – the upper boundary of the rising channel – a higher timeframe pivot – liquidity above the higher highs A typical area for: – exhaustion – distribution...Ignored
Disliked{quote} So, I deleted the steep bullish pink line since price didn't seem to react to it and now it's out of range and irrelevant. Now, I set a new red resistance line to watch. I have 5 short positions open, TP at 1.1657. No long positions. Have a good new trading week! {image}Ignored
DislikedHeading towards a confirmed daily orderblock. Letīs see whether we can catch a reversal there as a major advanced price range level aligns with the body of the daily order block. Thus it marks institutional price acceptance and might be treated as a high-probability retracement zone. {image}Ignored
DislikedMy last task for this week it's Friday anyway. Turtle soup under the Asia Low with reversal inside a 1-hour BISI. TP remains the same as yesterday at 1.17750 My trigger finger activated a little too early{image}
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