This trade met our requirements. TP - 30 pip SL - 10 pip 1:3 Risk : Reward .
The EURUSD is holding support at 1.1180. Go long. Good luck
Last weeks NFP number was expected to be better by institutional entities due to the fact that the people graduating from school will add to the workforce , also the rate cut is still likely to happen and we are currently at the same level as we where at the last interest rate decision from the fed and the slightly below the ECB interest rate decision level ,...
Good Night Right now, I have noticed that all traders went Long already from 1.1200 area, sure this area is certainly attractive to buy, But always remember there is factor in this market called Market Maker which they are hungry to hit the stop loss of the maximum amount of the Long contracts. So in my opinion I see the EURUSD going to break the 1.1200 Support...
EURUSD bounced off its support at 1.12070 where it could potentially rise further to 1.12711. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURUSD is approaching its resistance at 1.12381 where it is could reverse down to its support at 1.11813. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Still waiting to see if support will hold or will the bears from the higher tf take back full control
First test of H4 OB and sweep of equal lows. Good Luck
3 on mt4 double bottom 1hr englufing bullish divergence 1hr, 4hr Long term uptrend, hitting major support line, Forming HL, HH, waiting for the break of pivot, and R1, Blue MA will most likely cross at the neckline of the double bottom,
The EURUSD has strong support above 1.1180. Buy on dips target 1.1320. Good luck
Well its a clear fakeout and we have a strong support too , so eurusd will go up
As a supplement to my previous analysis, I still assume that the exchange rate is moving upwards. The white dashed lines show the rotation of the underlying ATR axis. The local peaks of the exchange rate are already rising, but due to increased volatility, the level of corrections is also higher. The previous decreasing wave structure occurred in a triple cycle....
EURUSD broke structure (downtrend) and is consolidating on the tentative upsloper MLH (fork), forming a major bottom with a massive upside potential. The bottom is also the 0.618 fib line of the last major upswing. Targets are the 1: 0.5 of the frame / 0.618 fib line of the last downswing and 2: ML of the fork. Trade is Long EURUSD cmp (1.12270) Stop Loss...
EURUSD expected to rise up to 1st resistance at 1.12711 where it could potentially react off and drop down to 1st support at 1.12070. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURUSD reversed off its resistance at 1.12381 where it could potentially drop further to 1.11813. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURUSD an extension lower to the High liquidity Zone before it goes higher