ThePipAssassin

ThePipAssassin

Good morning, I will be monitoring the daily candle close today, anticipating a bullish pullback or reversal to develop over the next few weeks. Several indicators have pointed to this: 1. The weekly chart has surpassed the previous high established on December 25, 2023. Currently, the price is attempting to retest the Demand zone that led to the breakout of...

ThePipAssassin

Good afternoon, Today, my focus will be on identifying long entries for a long position, as we appear to have reached a selling climax. On the 15-minute time frame, a robust demand zone is evident between 1.0300 and 1.0400. The market has made a significant move towards 1.0300, leaving indications of early buying activity from "Market Makers." A notable reversal...

ThePipAssassin

Good evening, Today served as a solid confirmation that we might be experiencing a buying climax. Several indicators have pointed to this: 1. We are observing a bearish pin-bar that is accompanied by significant trading volume. 2. Additionally, there is an evening star pattern present, featuring a prominent long-legged doji at its center. 3. Two weeks ago, we...

ThePipAssassin

Good day, Today, we're diving into EUR/US once again, and let me tell you, last week's strategy hit the nail on the head. This week, the 4-hour chart is indicating a potential "Selling Climax." A glance at the daily reveals several bearish pin bars. The 4-hour has tightened from a broad range into a narrow internal range, which I refer to as "Market...

ThePipAssassin

My life's work as a trader is not be like the 99%, I want to be like the 1%. The market is showing stability, with a 4-hour period range highlighted by the Red Range Lines. This is a positive indication, as the recent drop did not occur on high volume by the Market Makers. Market Makers intervened at 1.11376 (1.11400) before the news hinted at a price decrease....

ThePipAssassin

EUR/USD in a nice consolidation on the 1H and 15min. Analysis 15min: This period is in a nice strong bullish channel, I love the price action, 6 nice tags showing signs of break out, key thing to watch is the next couple of hours. How will we react around the trendlines? We will not get to many more tags of this channel. Bullish flags are signs of a bearish trend...

ThePipAssassin

Good day fellow traders, EUR/USD is in a very special place, we over the last 259 day have made a triangle on the weekly chart an currently sit on the APEX of a breakout favoring a strong dollar. One must wait for confirmation of a break out below the lower level of the triangle. The target for a move would be October 4th, 2023 low. There is potential for a...

ThePipAssassin

EUR/USD has displayed bullish characteristics over the last couple of weeks. - We have reach a high in the market @ 1.095. - This high was made after a bullish A,B,C,D pattern aka (Trend). - In bullish markets, prices tend to find support at the previous high, the previous high in this market (To me) is @ 1.085. - We currently have made a bullish pin bar...

ThePipAssassin

Based on raw price action we can see that the EUR/USD pair wants to rise as least for the week. We have several indication of a bull market. I will list the important few, for me, that is. First: We have past a previous Daily high and have broken that previous high with authority. Second: We have been in an up trend on the 4H and 1H for the past 11 days...

ThePipAssassin

One person, One trader was just different and it was W.D. Gann. I love to use his charting techniques for my long term thinking. I love reading his work and just hearing of anything he was apart of. A lot of his techniques no-one will know how to use but we can use Gann fans and boxes to an accurate degree. I believe based on my own TA we are in an uptrend. Time...

ThePipAssassin

I have called bull market since 10/3/2023. I believe we are still Strong EUR at this moment, a few things are going to happen over the course of the week. One I believe is a big retracement, followed by continuation of a Strong EUR.

ThePipAssassin

I am long term bullish, until we break the key low labeled in the chart. - The market is the only thing one should follow !

ThePipAssassin

I believe we have more reason to go Strong EUR! Price has been switching to Strong EUR since 10/03/2023. We are currently forming a triangle on the daily meaning we are going to have a weekly and monthly move ahead with a lot of power! ** This is my view, what are some of yours?** For new traders: Never assume a country will be bankrupt off a single currency...

ThePipAssassin

Good Saturday to everyone, This week was a good one for the EUR, it broke a massive trendline and currently sits right on top after making an A, B, C, and D pattern (Trend). Note that it also rejected a major zone of S&R. The same zone that started the upward trend that broke that trend line this is the first up trend EUR has made in a long time on the Daily (In...

ThePipAssassin

Alright friends, we are at the 8Hour/Daily swing high with a strong 1H reversal on the TVC:DXY favoring a Strong Dollar ! I'm watching the 1.06 level, I have closed all longs and will re-enter on a Strong EUR if price action dictates that, as for now I'm seeing a reversal favoring a Strong Dollar. If this is the case, I see us going to our trend line. Then we...

ThePipAssassin

As you can see we are at a trend line of the weekly and at a swing point on the daily. We are at a point when the market is going to choose where its going. I will be watching the strength of the dollar as it will tell the future of this pair. I am currently favoring a return to the bottom of the daily, if trend line breaks I will look for a retest of this trend...

ThePipAssassin

As you can see, we created a beautiful head and shoulders pattern, followed buy a bullish wedge. Target around 1.054/1.06 for long sell. Remind you that head and shoulders pattern prevail 80% of the time. I am currently long to targets from 1.046 and will reverse at the 1.054/1.06 levels for a swing trade off the 8 hour. In addition I bought the right shoulder...