EURUSD only

Update: After passing the first TP and moving to lower prices, it is retracing to bottom of previously broken zone. Two possible scenarios here: 1) a good break of the zone and getting back to bullish track ( i will wait for more confirmations in this scenario) or 2) rejecting around the zone and getting back to bearish one (which i think is the more probable scenario).

The key resistance zone for me right now is 1.1480–1.1510, where I’ll monitor price action and go short if necessary. We’ll see how much momentum the bulls still have and how high they can push the price before it turns downward again. It’s clear that they’re extremely battered.

H1: I keep selling 1.1481 area... until failure...

Based on the current price action, I expect another test of today’s low 1.1433, or at least a move back close to it. After that, we’ll have to see whether it turns out to be a temporary bottom. If it doesn’t hold, then targets down toward the 1.13xx area can no longer be ruled out.

Well I have had my best week yet in forex lol 11 trades this morning my scalping knife is precise

Trump needs to tweet more !! he is the original market maker

Price is ping ponging up and down between 1.148 and 1.147…

If it holds around 1.1450 now, I'll take a long scalp, while it would be higher low.

i played 3 long scalps on it so far. been scalping others but those must not be spoken of here lol

I'm at 16 total scalps today. call me the two pip puppy scalper lol

I got what I needed... Calling it a day and week folks...

Enjoy your weekends and hopefully we meet again on Monday..

Ciao ciao

A bit late, but still… happy weekend everyone.
First TP of the week finally hit… just in time for the weekend to end. Classic timing.
Hope everyone had some good trades, some rest, and didn’t donate too much to the market.
Let’s see what next week brings. Good luck to all.

As expected, price retested the lows, but without making a new intraday low. That could be the first sign that the market is preparing for a stronger rebound. It’s not confirmed yet, though. Confirmation would only come if EURUSD moves above 1.1490 and manages to close above that level.

Given the strong volatility, that could even happen later today, although it’s not a must. For now, I’ll wait a bit longer. If price pushes back above 1.1450, I’ll look to go long. Based on the daily chart, the initial targets would be at least 1.1530, and possibly 1.1580–1.1600 afterward. Last Post for today, wish you all a great weekend.

The past two weeks there has been a massive gap on the Monday Open. I will attempt to hold my small short from 1.1485 over the weekend to see if I can capitalize on the potential gap down. Pray for me brothers, may Trump have mercy on my pips.

Closing everything out. Weekend's coming up, and I don't want to deal with any weekend risk. Better to stay flat

When Trump destroys your trade 24:1 with his useless announcement. I feel like jumping out the window.

still going downside

I agree, I can see it now

Weekly Chart
Higher Time Frame shows a massive descending triangle that has been capping price since 2021.
The Target: Price is gravitating toward the major support level at 1.1065 (Green Line).
Bulls need a miracle to shift this structure.



H4 Chart
Market Structure. Every attempt to bounce is being met with aggressive selling. We just sliced through the 1.1500 psychological level like butter.
Technical Play The purple and red trendlines are acting as a ceiling. As long as we stay below the H4 open at 1.1441, the path of least resistance is down.
Strategy. Any move back is just a better entry for a short.




H1 Chart
We are seeing constant Lower Lows and Lower Highs._Classic Downtrend. There is zero sign of accumulation or a bottoming formation.
The candles are closing near their lows, showing that the bears are holding their positions into the weekend.






If we open and fail to reclaim 1.1450, expect a direct flush toward the Weekly support 1.1065
Euro is looking heavy as hell, no two ways about it. We’re in a freefall on the H1/H4, and the only real support left is that Weekly level at 1.1065. I’m not even looking at longs until we see a massive liquidity sweep or a clear break of market structure on the H4. For now, it’s a 'sell the rallies' environment. Don't fight the tape and don't catch the falling knife.

No Higher High, no Higher Low = no reversal

Quick H1 Outlook

For Monday, I rinse and repeat selling spikes and pullbacks as long as H1 candles open below 1.14715

See you after London opening..

Hey guys, hope everyone is well and had a nice weekend!
As for Eurusd, it is currently sitting just shy of 1.142, market is not yet open, so there’s still some time for it to change.
Last week, price failed to close above 1.148-9, and actually pushed all the way down to 1.141.
My bias is still bearish, however, like for last week, there could be a potential bullish trend to claim liquidity which is currently resting at 1.154.
Continuation however, I am expecting price to come down to the 1.138 support trendline.
if 1.138 failed to hold, the next real target would be 1.121…
week hasn’t started yet, but it is soon, so see you tomorrow!