With D1 chart in mind, H4 is also showing supportive pa around 1.1424 while bulls keep facing rejection at 1.1459 area.. As I said yesterday, bulls are trying but if they waste too much time, these mentioned support areas might begin to fail soon.. ...

EURUSD only

Another version setup on my D1 chart but similar view: I am currently watching how strong bulls will ram the doors of 1.1459... If they fail, bears will try to reach and retest 1.14065 area.. Since environment is bearish, sellers can profit too... ...

EURUSD only

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! ...

EURUSD only

Quick H4 Outlook To keep it simple: Bulls have the upper hand while above 1.1425...

EURUSD only

yep.. M15 gave me 2 opportunities...

EURUSD only

M15: waiting on sidelines for a classic breakout before trying new long order... No breakout yet! Patience! *If bulls kick in, my next resistance area here would be ~1.1444...

EURUSD only

Meanwhile, on H1.... I am marking ~1.1426 area as nearest support

EURUSD only

I wouldn't wait for a H4 candle close... I trade the H1 mainly and what matters is that H1 candles open above the H4 level 1.1424... and when I see opportunity based on system, I would step down to M15 or even M5 to get precision entry..

EURUSD only

Based on H4, today all I care is if candles open above 1.1420/25 or not... As long as they do, I stay bullish! Waiting for London opening... Happy trading day folks

EURUSD only

image

EURUSD only

For me it is always TWYC... not FOMC *TWYC: trade what you see

EURUSD only

H1, M15: After the next potential breakout (IF it occurs) I will go long... *Revisit to engulfing candle's low is complete!

EURUSD only

M15: is still not ripe and bear momentum is active... just watching..

EURUSD only

M15: I have chosen 1.1402 as focal point to look for longs... I am not in a rush but I stepped down to M15, to look for best buying opportunity.. Again: don't rush! Just preparing!

EURUSD only

Please notice how sensitive the weekly support nerve is (the closer price comes to 1.13915 volatility goes crazy)... I am on sidelines... I am definitely not selling! I am waiting for bears to complete their testing phase...

EURUSD only

Quick H1 Outlook Today's plan is: wait to see if bears are done and weekly support 1.13915 area is supportive (the low of bullish engulfing is also helping this support) Once/IF bears are done we can switch back to buying... if not, we stay bearish! ...

EURUSD only

Based on D1, today 1.1420 is my most critical level... If it breaks: falling knife! If it supports, a bounce back up to 1.1450 area...

EURUSD only

H4: Candles are above weekly support 1.13915... and also above nearby support: 1.1425... No selling! Only buying! Waiting for London opening... Happy trading day folks

EURUSD only

H4: Any bullish rise starting from 1.1442 to 1.1458 can be a fake play... Beware and careful with longs there! *Was checking one last time before turning off my workstation.. Anyways... now I am truly gone... Peace out..

EURUSD only

Focus.. and with focus I mean laser focus... on "what works".... Whatever the cost, keep what works, cling to it... and then, only then, try to tweak little parts of other areas with experiments... but again: keep what works at all cost! My two ...

EURUSD only