M15 - quick short

 Possible entry on M5 - Long (I was waiting for 1.2107) 1.2122 was beautiful to enter though
Then waiting for 1.2227 - got some respect @ 1.2223 - not enough, but it did let you enter long position there.

1.2325 - no question - easy pips
Last photo - possible head and shoulders (double) - Why not?

I missed couple occasions on very short term trades , as EURUSD was bouncing back of SR levels deeply on it's way up. Very nice play of 1.2165 level - blue rectangle on the chart represents volatility zone between 1.2160-80 - additionally rising trendline got hit (of possible broadering formation).
I'm waiting for one of scenarios from the pic above, and will take those levels depending on price action around them.
Next zone of interest on the upside is 1.2210-1.2230, and on the downside is level 1.2070 and 1.2040.

EURUSD M15
Waiting for some more meaningful price action
There is bullish flag forming on M15-M30, so if it doesn't fail I can see us going to 1.2160-75, then bounce, and then gotta watch PA to see what is happening.

It' Friday, so I'm just watching EURUSD.
Unless I see something beautiful I'm gonna pass on trading today.
Long term strategy - quite flustrating - been up 100 pips like 4 times, now waiting for reaction as we consolidating in something like triangle and still can go up or down.
It is the moment when a lot of participants may give up - and we'll see the move.
Still Friday is unpredictable and stoploss hunting day, so need to be very careful.
Short and Mid term trading did ok this week, so that helps to kill flustration from Long term strategy results, and keeps my brain healthy.

This is how I see EURUSD in next couple of days.
Depending on PA around 1.2150 we might see further drop to 1.18, or just stoploss cleaning and a sharp move towards 1.25, but for this kind of move we do usually need some big fundamental catalist.
On the other side 1.2363-1.2407 should be interesting zone to watch as it will be a good value area for Shorts to join the downtrend.

My favorite early reversal pattern.
It's very hard to enter, as there is a few spots to consider. You should look at it as you look on reversed H&S pattern, and imagine you are trying to take early entry on top(bottom) of right shoulder.
This is H1 chart with my long term strategy trade, where I piramide, scale in & out, and trail stop. Red line is my initial entry, now break even, green line is partial TP will be moved as necessary.
Consider 1.2245 or 1.2210 as possible additional entry levels. Be very careful, as we might not go up right away, and consolidate for longer here.

Waiting for what didn't happened yesterday...

 USD index

 EUR index

 EURUSD M30

EURUSD M30

Very quiet morning during european session.
Pictures above show what kind of moves to expect.
It's important to look simultaneously at USDX, EURX and EURUSD, since you might get earlier confirmation.
My prefered entries are short around 1.2400, or long around 1.2250 as I want to see StopLoss orders to get squeezed beyond those levels.

Since I didn't have time to publish what I was looking at in the morning, but it was very similar to yesterday's setup, here is how you could trade it:
Watching the range since the morning, and knowing it's gotta breakout either up or down, I took:
Longer term trade (60 pips target) with SL above the channel, and safe TP around 1.2440-50.
And short term scalp, that I had to take twice, since Chinesse dudes decided to mess with my setup.

Nothing have changed since yesterday.
Watch for thin market today.
Happy 4th of July.

Updated range with possible scenarios.
Trade opened at 1.2590 = BE. Bulls couldn't push it higher during the time I gave them.
Lower high suggests bull's weakness for now.

Here is what I'm waiting for right now - just took my long out of 1.2590 as I'm writting this...
Longer term levels to play are: 1.2525 and 1.2745