M15: I rinse & repeat buying dips with every new breakout... *1.1743 is my main support level here..

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H1: I am anticipating a very strong thrust to the upside to climb above 1.1833/44... To do that, bulls must blast through 1.1771... Let's see...

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Simplify.... don't complicate...

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I already gave entry point if you want to go short... But if you are in a hurry, then the level 1.1722 will probably slap you terribly.. Try if you want to suffer lol... Only AFTER a D1 candle closes below 1.1722 I can consider selling.. Jokes ...

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Meanwhile, on H1... Watch: 1.1754 area... Can bulls break above it and turn it back into support? Time will tell... *What we see as a Morning Star pattern on D1, is a Cup & Handle pattern on H1... Funny eh?

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Japanese Candlestick Patterns on D1 First we had a Bullish Engulfing recently and I anticipated a revisit to its lows. That dip sort of happened. Bears tried to reach the bottom area ~1.1650, but ended up only reaching ~1.1670 levels.. Which is ...

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I stay bearish on M15 because there is still bear momentum on H1... However, H1 is still bullish! Very contradicting.. risky day! Chop chop...

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M15: I stay short... Let's get this choppiness not fool us.. I widened my bear threshold to 1.1771... While M15 candles open below it I am with bears... (late time of the day though... maybe I continue tomorrow)

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M15: If candles can't close back above 1.1756 quick, we might see a deeper bearish correction.. Choppy choppy... Extra careful!

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Meanwhile, on M15....

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Finally bulls could clear the mud as soon as we had a close above 1.1735... all good and clear now... I can confidently buy dips and pullbacks as long as H1 candles open above 1.1735... Next bull mission: H1: Climbing above ~1.1771 area... D1: Also, ...

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Not yet... but by the end of this day, if we end up below 1.1722.. it would be a big red flag for bulls. If that happens I would not buy for sure. Time will tell. Today can end up very interesting.. I am not biased for this particular day! Fully ...

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Based on what I said for D1: Now watch 1.1735 Don't rush in buying even if it appears to be as if bulls are slicing through these levels.. It could be an illusion.. That level 1.1735 is solid resistance on D1... I stay out until London opening.. ...

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M15: As soon as 1.1696 was suddenly broken to the upside there was nothing to sell. As I said and it applies to this day as well: Trade extra careful on both directions. Nothing clear yet! My quoted post was definitely wrong at that time. I wasn't ...

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M15 is bearish now... Chart actually gave bulls enough time to get out of any long orders... (see area with x marks on chart) Now watch 1.1696 as nearest resistance...

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Quick DAILY Outlook: When I look at the latest 5 candles coming right AFTER the bearish breakout, I am noticing that bulls tried to climb back into the broken trendline but couldn't do much. What bulls did is this: 1) At least they succeeded to stay ...

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M15: Watch 1.1702... A M15 candle close above it is required for bulls to be able to continue higher..

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H1: I am marking 1.1698 as nearest support..Keep buying dips while candles open.above it..

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M15: As long as you think 1.1682 will act supportive from here on forwards you can dare to buy dips...

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H1 is still not ready to look for longs... I postpone even thinking of buying until I see clear attacks towards 1.1691... Otherwise, still bearish! Wishing you all a happy new trading day folks

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