{quote} Flat ... Schnecke.
Focus only on what truly matters!
- #219,721
- Dec 17, 2025 11:07pm Dec 17, 2025 11:07pm
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
- #219,723
- Dec 17, 2025 11:32pm Dec 17, 2025 11:32pm
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
Focus only on what truly matters!
bear in hibernation
- #219,727
- Edited 12:33am Dec 18, 2025 12:18am | Edited 12:33am
With yesterday’s daily close, the market indeed printed the expected candle, namely a hanging man. This means a strong sell pattern has now formed, with a shooting star the day before and the hanging man yesterday (yellow circle on the daily chart). So what does this mean? This combination clearly indicates that no new buyers are willing to step in at the top, while sellers are aggressively entering from below. This could very well have been a topping formation and represents a classic distribution signal. It also implies that the uptrend is no longer healthy. As a result, the probability of a correction or even a trend reversal over the medium to longer term is now very high.
For final confirmation, the low of the hanging man must be clearly broken—meaning a move below 1.1703 followed by a bearish daily close. Therefore, today is the most important and decisive day for me in terms of the market’s direction over the coming weeks and months. Let's see how it plays out.
Of course, I will still play the long side from time to time when short-term signals justify it. The picture I outlined merely defines the higher timeframe bias. As a trader, I always try to keep that in the back of my mind — just as the higher timeframe bias was previously to the upside.
I don’t know what will happen; I trade probabilities, signals, and patterns only. And at the moment, the outlook simply looks bearish — both short-term and longer-term which is why I’m using every rebound as a selling opportunity until that bias changes. Good luck.
For final confirmation, the low of the hanging man must be clearly broken—meaning a move below 1.1703 followed by a bearish daily close. Therefore, today is the most important and decisive day for me in terms of the market’s direction over the coming weeks and months. Let's see how it plays out.
Of course, I will still play the long side from time to time when short-term signals justify it. The picture I outlined merely defines the higher timeframe bias. As a trader, I always try to keep that in the back of my mind — just as the higher timeframe bias was previously to the upside.
I don’t know what will happen; I trade probabilities, signals, and patterns only. And at the moment, the outlook simply looks bearish — both short-term and longer-term which is why I’m using every rebound as a selling opportunity until that bias changes. Good luck.
- #219,730
- Dec 18, 2025 1:20am Dec 18, 2025 1:20am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
Focus only on what truly matters!
- #219,734
- Dec 18, 2025 1:34am Dec 18, 2025 1:34am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
Focus only on what truly matters!
- #219,735
- Dec 18, 2025 1:42am Dec 18, 2025 1:42am
EUR Outlook / Macro Context I’m still looking for another downside run in EUR (upside in DXY) to sweep Sellside Liquidity and test 4H inefficiencies (Bullish OBs & FVGs). Ideally, price trades closer to the 1.17000 area ahead of NY session and major data releases. Today is packed with high-impact news for EUR, GBP and USD, which could provide the volatility needed for a fresh expansion leg. Key Expectations: ECB: Rates expected unchanged, possibly with a hawkish tone. BoE: Markets largely expect a rate cut toward 3.75%, reinforced by softer November...
This is Brad Goah and Jason Hakeem style
The high of previous H4 candle was 1.17306 on my broker... The stops around that high have just been taken out but I think there should be a few more..so don't rush to jump on every drop dear bears! Allow the bear trend to catch a breath a little.. I am roughly targeting ~1.1740 area to look for selling...
- #219,738
- Dec 18, 2025 2:35am Dec 18, 2025 2:35am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
{quote} Appreciate you sharing the outlook. I stayed patient as suggested and managed to get a good short from the area. Much respect
Happy trading
Focus only on what truly matters!
