EURUSD only

ON M5 1>1.13850
It shows resistance.

add more buy, SL 1.13751 , and TP changed to 1.13907, if SL hit, then divergence failed

Accumulation phase on the M5 chart
Resistance: 1.13850
Support: 1.13750

Buy 1.1380 Tp 50%

New H4 level is 1.1379. Bears have their stop losses placed right at 1.1400 M15 high.

Chart M1
Lowering to Chart M1 Circle support before reaching SL range.

Both bears and bulls need a rally; the bears need it to regain momentum, and the bulls need it to have any chance of further gains. Currently, it’s trading in the oversold zone on the hourly chart (H4 and H1) and even on the daily chart, so there’s hardly any room left to fall. And there are many and significant differences at various levels. They know this too, which is why it’s only a matter of time before the relief rally begins. That’s why I’m not taking any short positions right now.

Adjusted Sl 2.5 seeds

Opened a swing long at 1.1380.
SL 1.1317 (63 pips risk), no fixed TP atm.
SL to BE (approx.) above 1.1450, then trailing.

H4: Congrats to to all who made good bucks from selling..

The buyers though... If you were buying since candles closed below 1.1477 that was suicidal.. And now, after candles open below 1.1390, it is even more risky to buy.. The earliest opportunity to try buying would be until a candle closes above 1.1390 at least and even then, you would be riding a short-lasting corrective wave.. In other words: No buying for me yet! And those who stopped taking shorts is understandable.

See you after London opening... Peace

Long @ 1.1380.

Anybody selling EURUSD today?