EURUSD

The EURUSD price action on the daily time frame is bearish. On Thursday, the price action broke below the 78.6 fib retracement area of the bearish swing traceable to May 2021. But, as presently the price action is located at the 1.16320 intra-day horizontal support, we may not see southward directional drive until a significant breakdown of the more significant horizontal support at the 1.15750 area.

I may be wrong. Trade safe and prosper.

KP

Lets go for another week of trading.
Happy trading to all!

5' --- I still have my Friday's longs running. SL at BE , now. --- I am watching what price will do at the 1.17 10 level . . .

BP 5' --- Same thing with BP . . . .

SILVER H. --- Unbelievable strength . . . . No position.

GOLD H. --- New Alltime Highs, crew....

5' --- Lifted SL , as shown . . . .Alert. . .

5' --- Stoped...both . Watching for next opportunity . . .

5' --- Longed both , here, NOW . . . .

5' --- FLAT in both , now. . . .

SILVER H. --- Might have toped here . . . .

GOLD H. Perhaps here , too . . . . .

DAX 30 - H. --- - The suckers who buy here are JUST suckers .

S+P 500 H. Yea.. This is a top crew . Make a note of it .

5' --- Added to shorts now . SLs tight.

5' --- . . . Tight SLs ......

There is a bearish SHS in H4 TF which may push the price down to 1.1620 again. However, as long as there is no convincing and sustained break below 1.1620 - 1.1600, I can't call this pair bearish. As of now it looks to me like it is stuck in a 50-70 pips range and I am scalping for now. The charts look blurry and foggy to me right now.
Scalping in a 50-70 pips range

Happy trading

Edit: Sorry guys. The SHS is in D1. It could be seen in H4 as well, but not that obvious. There is also a super obvious bearish triple divergence in D1 and a divergence in H4.

5' --- I will close my shorts in the next few minutes.

5' --- OK . I close shorts here , NOW..............

SILVER H. --- 91.70 ..... Pure madness..... Watching...