And here is H1 situation... I am on sidelines... I could have shorted as sson as 1.1625 broke, but I skipped. Sidelines it is for me! *I insist to see how weekly support will perform... that's why I skip selling on H1..

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Yes for this part: "To break W1, we need to wait this week to be closed below last week, then we can say this week is breaking last week. thats mean, we need to wait until Friday to say either is this week broken or not." That way you get your ...

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If weekly breaks ---> falling knife If not ---> a super strong bounce up In both cases: careful now!

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I don't how my answer would help you, since everybody trades their own system.. but here you have it: Assuming I am trading the M15, I would wait until I see my wma line turning blue... That would give me a base to risk buying dips... But since, no ...

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H1: I am on sidelines.. waiting for bears to complete their tests as mentioned before... No rush! *Yellow zone is most crucial based on W1 and D1

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Ok nice to see that you are paying attention... Now, since you are aware that I am not switching to bearish yet (because weekly trendline at ~1.1608 area is still supportive), just know that I will be watching 1.1600 area as big round number (BRN) ...

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No problem... healthy communication matters.. Best wishes

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Not "about"... "around"

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"around" 1.1625... read more careful next time...

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H1: The most critical moments of the day (and maybe the week) are now beginning... I started watching to see how reactions around 1.1625 will play out...

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M15: While candles open above 1.1643, only buying dips.. Don't even think of selling.

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H4: To quickly visualize where this might be heading, please notice the yellow area... As long as candles stay inside this yellow zone, bulls will have the confidence to keep trying higher to break above 1.1685. Bears can only gain significance ...

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H1: Today, all I care is 1.1628 support area... As long as candles open above it, I stay bullish! *The nearby resistance area to watch sits around ~1.1660... Happy new trading day folks

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H1: From here on forwards only watch if 1.1620/25 area supports or not...

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D1: Timeframe is bearish yes, BUT bulls are busy trying to climb above 1.1675... Process is still in development... Bulls are active! Friday candle is an indecision candle. It favors bears but it also can still go both ways... Therefore beware of ...

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So be it... For me it doesn't matter... The beauty of trading M15 is that I can take profit quick and re-enter with next dip in short periods... Best wishes

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M15: As long as candles open above 1.1650, I stay long and keep buying dips... Let's see if bulls can keep it going... Happy new month and happy new trading week folks...

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Quick Weekly Outlook So far, to me it looks like bulls are slowly getting warmed up. Last week was the completion of revisits to the lows of the bullish engulfing. This week was more like bulls slowly awakening and reaching higher. Next week I would ...

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Calling it a day an week here at 1.1677.. Enjoy your weekends folks... Peace out..

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After this hour, M5 is okay to trade.. Volume might soon drop anyway... I am slowly preparing to call it a day and week... While candles open above or at dashed line (i.e. median line of channel), bulls are good!

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