I think that if today it closes above 1,183.., we could see a big upward movement again,what are your thoughts?
3
- #221,666
- Edited 8:14am Feb 7, 2026 1:08am | Edited 8:14am
- Joined May 2014 | Status: Full Time Trader | 27,109 Posts
Monday H1 Plan
- To keep it simple: I believe that Monday will be "buy dips" day, because bulls have violated my calculated resistance at 1.18155...
- I will try to buy dips as low as I can as long as H1 candles open above 1.1770....
Enjoy your weekends folks 
*I also added my H4 chart as an additional example for anticipating bullishness...
Focus only on what truly matters!
I'm Aayush.j
Look, many of us here agree that the price has to go up, but before that, there may be an even greater drop. All we can do is wait and see what happens and trade with what the market gives us. Doing my bit, I can say that the price reached 1.20 and fell to 1.176, where the 38% Fibonacci retracement was, but I've noticed that most of the time it reaches 23%. 
, so I think it may fall a little more. We will see in week 
of this month. This is the first week of February, so next week, week , it will either fall to take the liquidity of 1.176 or test 1.20 again. since the next two weeks would have to be above 1.18500 to show that there is fuel in the price. If February closes above 1.18500, it means that we have to pay attention to “The trend is your friend.”
### Fundamentals for February 1-6
- (ECB) Lagarde kept rates at **2.15%**, but her tone was more resilient than expected. There is no rush to cut.
- **US (Employment Data):** Jobless claims rose to **231k** (more than expected). The US labor market is starting to “cough,” and that weakens the dollar.
- **Conclusion:** The rate differential is narrowing in favor of the euro.
- **Basis:** +25 pips
I'll start buying when prices drop. Good profits for everyone! And blessings!
, so I think it may fall a little more. We will see in week of this month. This is the first week of February, so next week, week , it will either fall to take the liquidity of 1.176 or test 1.20 again. since the next two weeks would have to be above 1.18500 to show that there is fuel in the price. If February closes above 1.18500, it means that we have to pay attention to “The trend is your friend.”### Fundamentals for February 1-6
- (ECB) Lagarde kept rates at **2.15%**, but her tone was more resilient than expected. There is no rush to cut.
- **US (Employment Data):** Jobless claims rose to **231k** (more than expected). The US labor market is starting to “cough,” and that weakens the dollar.
- **Conclusion:** The rate differential is narrowing in favor of the euro.
- **Basis:** +25 pips
I'll start buying when prices drop. Good profits for everyone! And blessings!
Don't fear risk; fear your ignorance.
Look, many of us here agree that the price has to go up, but before that, there may be an even greater drop. All we can do is wait and see what happens and trade with what the market gives us. Doing my bit, I can say that the price reached 1.20 and fell to 1.176, where the 38% Fibonacci retracement was, but I've noticed that most of the time it reaches 23%.
- #221,673
- Edited 7:54am Feb 8, 2026 7:32am | Edited 7:54am
Market has been making consecutive higher highs and recently pulled back into the standard 0.618 discount zone.
On the daily timeframe, price closed with a bullish engulfing, which keeps the bullish context valid for now.
As per my view, if the market gives a solid 4H close above 1.18343, then we may see further continuation to the upside.
Until then, I'm keeping expectations flexible.
We're also stepping into a new trading week in a few hours, so it's better to stay patient and let the market confirm the next move.
Markets change every day, every hour, every minute, and every second - so I could be wrong as well.
Let's see how price reacts and take it step by step.
Happy blue pips everyone.
On the daily timeframe, price closed with a bullish engulfing, which keeps the bullish context valid for now.
As per my view, if the market gives a solid 4H close above 1.18343, then we may see further continuation to the upside.
Until then, I'm keeping expectations flexible.
We're also stepping into a new trading week in a few hours, so it's better to stay patient and let the market confirm the next move.
Markets change every day, every hour, every minute, and every second - so I could be wrong as well.
Let's see how price reacts and take it step by step.
Happy blue pips everyone.
“Fall seven times, stand up eight.”
- #221,676
- Feb 8, 2026 3:16pm Feb 8, 2026 3:16pm
I am currently worried as I cannot decide upon my true bias for the beginning of this week. I am bullish on the daily, bearish on the most recent 4h, and more bullish than bearish on the 1h.
I am telling myself to wait for the market to make its direction much more clearer, which NFP on Wednesday will hopefully do. For buys I would be looking for an activation in the 1h imbalance somewhere in the 1.18000 area. My BOS to resume my 4h uptrend would be an open and close above 1.82250 personally.
Its interesting seeing everyone's opinions, and would love to check back in during London open.
Good luck everyone this week, please be patient and remember your plans ! You can control this week, don't let it control you!
I am telling myself to wait for the market to make its direction much more clearer, which NFP on Wednesday will hopefully do. For buys I would be looking for an activation in the 1h imbalance somewhere in the 1.18000 area. My BOS to resume my 4h uptrend would be an open and close above 1.82250 personally.
Its interesting seeing everyone's opinions, and would love to check back in during London open.
Good luck everyone this week, please be patient and remember your plans ! You can control this week, don't let it control you!
