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- Ata-Turkoglu replied 11 hr ago
Reposting my H4 chart from yesterday.. As I said: It would be nice if bears can protect the circle rim... That way, soon price could come back to retest 1.0831 area and maybe also deeper lows... No rush though! Step by step!
- Ata-Turkoglu replied 21 hr ago
Meanwhile, on H1... Bulls tried but so far bears didn't allow them to climb above resistance area: ~1.0869-ish block... Waiting for London opening! Happy Friday folks
- Ata-Turkoglu replied 31 hr ago
Based on H4, a fresh bearish breakout has just happened or is happening as we speak.. Now I want bears to protect the circle rim... If they can do that, price then could stay below 1.0898 from here on forwards.. Let's see how it plays out.. Calling ...
- Ata-Turkoglu replied 34 hr ago
Meanwhile, on H1... Bulls are trying, but unless they keep candles above 1.0871, bears will push to reach 1.0837 area. Let's see which side is more willing*... *I am currently siding with bears!
- Ata-Turkoglu replied 41 hr ago
Some bears are playing softball.. No bull action yet... Let's pepper it up boys...
- Ata-Turkoglu replied May 15, 2024
Based on Monthly, the way I interpret this rise is a: "typical bullish retest right after bearish breakout" These pullbacks happen a lot... rarely price falls directly but often we can see retests before the drop. For this one, ~1.0930 levels (or a ...
- Ata-Turkoglu replied May 14, 2024
Reposting my H4 chart from last week as a technical story teller: Candles never opened below my GREEN 39 wma line, only a mild piercing. Often stop hunt occurs before reversal and we were aware that a stop hunt operation might happen around ~1.0816! ...
- Ata-Turkoglu replied May 14, 2024
Quick H4 Outlook We have a bullish channel and its range is roughly between ~1.0842 to ~1.0687 with current picture in mind! That said, based on the inner dynamics of this channel my nearest resistance sits roughly at ~1.0805. For bears this is a ...
- Ata-Turkoglu replied May 13, 2024
And one more thing: Not to forget that ~1.0820 area is my weekly hot zone where big sellers are lurking. Will be very interesting to watch if price goes there.
- Ata-Turkoglu replied May 12, 2024
Quick Update for H4 Overall, I added an ellipse to my chart setup. Now we can see where nearest resistance sits: ~1.0787 area roughly! If bulls go for a stop hunt so be it. But later I eventually expect a dive down from 1.0815 levels. (Just a ...
- Ata-Turkoglu replied May 11, 2024
Quick H4 Outlook Can bulls break above current resistance at 1.0781? Time will tell... If yes, we go towards 1.0850 levels... If no, we drop back to 1.0716 levels...
- Ata-Turkoglu replied May 10, 2024
Meanwhile, on H4 Current resistance: 1.0784 area is hindering bulls to climb up into the red zone... Maybe bulls are thinking: Ughhhh! Too much energy needed to pierce through all those resistance levels lined up above 1.08... ...
- Ata-Turkoglu replied May 10, 2024
Yup.. I agree that bulls have the intentions to push towards 1.0810/20 levels... That said, I still feel like price will stay in the shadows of past candle shown on chart below.. Therefore, I think it is best to enjoy this range bound period inside ...
- Ata-Turkoglu replied May 10, 2024
Quick Weekly Outlook Looking from the long-term side: 1.0820/40 area is our hot zone! The closer bulls push price to the hot zone, the more dangerous buying becomes!
- Ata-Turkoglu replied May 10, 2024
Quick H1 Outlook We are still in the shadows of the mofu candle, even after bears tried to overcome it, price was immediately sucked back in. More waiting time for us on a Friday, which is potentially filled with surprises. Let's see... For now: ...
- Ata-Turkoglu replied May 9, 2024
Robber banks need more time to come up with new shenanigans so they added some extension time for both sides... Zzzzzz....
- Ata-Turkoglu replied May 9, 2024
Quick H4 Outlook Bears are slowly progressing towards 1.0686 levels... 1.0753 area is now my potential strong resistance! I am bearish and intend to sell pullbacks or spikes! Let's see...
- Ata-Turkoglu replied May 9, 2024
Quick H1 Outlook Today's plan is to stick to bears: as long as price stays below ~1.0759-ish area! We might face some support around ~1.0733, but I think eventually price will drop to ~1.0688 levels... Happy trading day to all
- Ata-Turkoglu replied May 8, 2024
Too slow... too weak... I asked google and voila!
- Ata-Turkoglu replied May 8, 2024
To simplify: This is why I only care for 1.0765 resistance area today! Even if we bounce up from 1.0743, it is still up to this level if bulls can continue higher or not! If bulls get blocked, we are likely to go down for a retest of 1.0695 levels. ...