EURUSD only

this is possible. this week. Definity a margin call if it does.

On Friday it broke the red channel on 1H, today it re-tested and looks like continuing down for now. 1.0600 may be next support i have limit orders in those areas. If doesn't stop there may visit the bottom of red channel on Daily.

1H and Daily

Strong down movement doesn't mean a down trend, price might soon switch the side and start the reverse trend, so my suggestion is don't go for short, yet.

Attached Image (click to enlarge)

long 1,0630
tp 1,070 circa

at 1,0650 sl at be

as expected today is a slow moving trend, tomorrow would be a "good" bullish trend

Cant see a target!

Target is open!

HEHEHEHE!

Interesting day today, Managed to short the last portion, to the last unfilled section.

More about it this week. But the plan is to get to 1.053 and even lower to fill the missing areas, maybe even 1.045. But from there.... Hell wil llet loose and 1.1 to come in scope. This is a long term idea based on higher time frames.

DXY has some juice left before reaching a DAILY! and a WEEKLY! Resistance to start a free fall.

Hahaha!

A strong push by bears to break 1.06200 if they run out of steam in the battle I see resistance between 1.06150-1.06250 to push through. If they can't push that - it will most likely go up. I'd hold on shorts until then & keep an eye on Long. Just be ready for either a break or hold at the current price.

Let's see if the Friday low going to find support - 1.06221

I think it’s time to buy

Yeah mate, Friday's low sweep!
Let's see...

But wait...

Small long trade target, market is not stable yet in any direction, so stay cautious!

Today's EUR/USD price action suggests that the pair is still struggling to find its footing after last Friday's significant decline. The better than expected US retail sales data added further downward pressure and the lack of a substantial bounce from the 1.0656 resistance level suggests that the bearish momentum remains strong.

In this context, it's reasonable to expect continued consolidation with a downward bias. The lack of clear support levels could contribute to ongoing uncertainty, making it difficult to predict the exact trajectory of the pair.

You should remain cautious in this environment, keeping an eye on any potential shifts in market sentiment or fundamental factors that could alter the current trend. As always, using sound risk management strategies will be crucial to navigate the volatility and uncertainty in the EUR/USD market.

1 hour

See you tomorrow again!

low renewed at same level 161.8 (.0624)
plans same +/- .0785, waves to watch - in progress

The sign of a good trader is to cut losses and put ego to one side.
This is not easy as we can sometimes be adamant that things will turn good.
The market will ALWAYS outlive an ego.

Yes but selling at daily supports and oversold conditions will help make your journey short
No harm intended