Euro / U.S. Dollar

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Euro / U.S. Dollar forum


EURUSD Take advantage of your weekend charting.. still at a Premium level but the dollar is weak due to rates... good luck see ya monday
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EURUSD if nothing important through this weekend, gap will be down around 1.168-1.170 or deeper like 1.1655, grab your buy. If open at 1.1745-1.750 and got rejected it, put your sell to 1.1655, and if gap open up at 1.1760, then both of scenarios are invalid and it will target 1.1780-1.180. High probability is gap will down after overextended stress from bull on Friday,
Goodluck to all of us

EURUSD Can we see breakout in HTF? What would be target for long after retracements to trend line of Daily TF?

EURUSD From a macro HTF POV, it would be ideal if the weekly candle closes past the previous one. However, what we see is a weekly candle (though bullish looking) liquidating the previous weekly candle without a decisive close.

Also, from a HTF structural perspective on the weekly, we had previously broken structure to the upside, retraced back to fib levels, and entered a continuation phase up. In effecting the continuation phase up, we had previously seen internal structural shifts to the downside.

Fast forward to the near term in this continuation leg up on the HTF structure, we have yet to see a proper retracement back to fair value in the internal leg up, with price settling on the premium edge of the macro range still, without a decisive break to shift the internal structure back bullish.

Coupled with that liquidation of the previous weekly candle (as discussed earlier) at the 8h HTF supply OB, we could possibly see a LH formed despite the strong presence of bulls. If a LH forms at the 8h HTF supply OB on Monday by COB, we may be in for a bearish move back down for the rest of the week to fair value and/or the discount edge of the HTF range. The demand OB that caused this continuation leg up has not been mitigated after all.

Have a great weekend guys. Remember to spend your weekend analysing and continuously sharpen your edge.

This is breadman demystifying the markets for you. A slice of bread a day keeps the doubts away. I'll see you next week.

🥪🥪🥪

tradingview.com/x/3vctnunf
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EURUSD hey guys need a bit of motivation I’ve been doing this a couple years now and it seems like I’m just not getting the hang of it, do people genuinely make a living off this in the long run or does the house always win ?

EURUSD Just wanted to wait to post my chart until everyone left for the weekend.

"😂🤞"
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