Tp at 1.1440
- #229,224
- Jul 9, 2026 7:34am Jul 9, 2026 7:34am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,240 Posts
Risk comes from not knowing what to do
- #229,226
- Jul 9, 2026 8:02am Jul 9, 2026 8:02am
{quote} If we don't roll over here bears are gonna need a rejection at the 1.147 levels.... nice wick down would be ideal. Let's GO, bears!!!
2- Yes, the trend on higher timeframes is definitely bearish.
3- However, I define my swing range based on intermediate timeframes.
4- Then, I determine the trend within that range.
5- As long as it’s bullish, I won’t even consider selling until the situation changes.
6- For example, yesterday the M15 and M5 timeframes were bearish, but the H1 was bullish.
7- I didn’t even consider selling until the trend shifted; ultimately, the market moved in line with my expectations.
8- I jot down where we are, what we’re doing within that range, and what the price needs to do for my bias to switch from bullish to bearish.
9- Simply put, I don’t try to anticipate anything before it actually happens—at least, that’s my approach.
10- Of course, you likely have a different strategy; my words apply only to me and aren't necessarily meant for anyone else.
11- I wish you the best of luck and success.
12-Sorry for going off-topic a little.
Often, your absence is better than your presence.
- #229,227
- Jul 9, 2026 8:07am Jul 9, 2026 8:07am
- Joined May 2014 | Status: Full Time Trader | 27,391 Posts | Online Now
Focus only on what truly matters!
- #229,234
- Edited 11:27am Jul 9, 2026 10:47am | Edited 11:27am
- Joined May 2014 | Status: Full Time Trader | 27,391 Posts | Online Now
{quote} You've received the long-awaited battle now—have you joined?
yep.. M15 gave me 2 opportunities...
Focus only on what truly matters!
- #229,236
- Edited 4:02pm Jul 9, 2026 12:32pm | Edited 4:02pm
- Joined May 2014 | Status: Full Time Trader | 27,391 Posts | Online Now
Focus only on what truly matters!
- #229,237
- Jul 9, 2026 3:59pm Jul 9, 2026 3:59pm
- Joined May 2014 | Status: Full Time Trader | 27,391 Posts | Online Now
Friday Plan via D1
- To keep it simple: As you will notice from my chart below, we have a horizontal breakout inside a bearish environment! Sort of a wedge like structure is slowly forming and becoming visible.
- Remember: environment is still bearish! BUT.... bulls are currently trying to reach the orange triangle. Therefore the horizontal breakout is meaningful regarding to bulls. The problem is that the more time passes, bulls will have it harder to pass through the orange field, because that orange area is expanding every new day, making it harder for bulls to rally through.
- This brings us to this conclusion: During Friday, we must keep an eye on 1.1404 for support. If we see support, it means bulls are still effective and they might be collecting hidden momentum to push this higher soon.
- For bears, only if 1.1404 breaks it is logical to speak of bearish continuation. I leave that option out for now.
- So... I will be watching dips on H1 and M15 charts and as long as I see supportive pa, I will keep looking for buying opportunities.
- If bulls visibly begin to push price up, they eventually could face resistance starting from 1.1463 area all the way up until 1.1531 area if they build momentum.
That was my two cents... See you after London opening folks...
Peace 
out...
Focus only on what truly matters!
