EURUSD showing bullish Div on 1Hr chart, on break oh LH we placed buy stop as marked on chart
I'm still bearish but of course retracements to the upside are normal in the market's quest for liquidity. I have marked the points that I am waiting for reactions with path tools. There is a high impact data release for GBP late this morning which could affect the Euro and some USD news early in the NY session to be aware of. Wishing you all a good trading day
Hello there! I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market. Although I want to share my analysis with you, I want to emphasize that I do not...
My bias on EURUSD is SHORT, i am waiting on displacement to take price LOWER. if PRICE gets to that order block above it will be PREMIUM SELL
Good day, traders. As you can see, the market is rising, and the previous Imbalance was nearly filled. As a result, there is a good possibility that the market will rise again. Use a lower timeframe for the best entry. Best wishes and pleasant trading.
EUR/USD Correction Continues: Analyzing the Impact of Dollar Strength The EUR/USD pair faced further downward pressure, extending its correction from levels above 1.1017 and consolidating below the 20-day Simple Moving Average . This descent was primarily steered by a robust US Dollar performance, which managed to gain ground despite mixed US economic data and...
The EUR/USD pair continues to face selling pressure below the psychological level of 1.0800 in the early Asian trading session on Wednesday. Optimistic Eurozone PMI data for November failed to inspire the Euro, given the persistent weakness in demand in the Eurozone region. The EUR/USD exchange rate found support at the 100-day SMA at 1,0775, with this mentioned...
EURUSD falling below its trend line and making a sharp correction this week. This might indicate a trend reversal and further downside momentum. As well as gold, other assets connected to USD have also taken a hit. Following Friday's speech, EURUSD has seen a turn in direction. It pulled back from its highs around 1.1, now trading back around 1.079 and targeting...
nothing much, based on Sideways and Pattern of Fibo that I know
Entering the world of day trading can be both exciting and daunting, especially for those who are new to the game. This article aims to provide simple yet valuable recommendations for beginner day traders specifically focusing on forex and gold trading. 💼💰🚀 1. Educate Yourself: Before diving into day trading, it is crucial to understand the intricacies of...
Hello traders ,what do you think about EURUSD? After breaking the support level, this pair is now pulling back to the broken level. After completing the pullback, it is expected to fall to at least the specified level. If this post was useful to you, do not forget to like and comment.❤️
FX:EURUSD This is a breakdown on a EURUSD trade i took yesterday and closed it today before London session began
#EURUSD UPDATE Hi team, We are here to update our analysis about EURUSD. EURUSD was in a strong uptrend and formed an another accending triangle. Now it breaks down and reached on major support level, where we can see a possible pull back to upside. Be make sure to enter in trade after confirmation in the LTF traders.... Stay tuned...
HTF showing bearish market structure and I’m looking for sells on the LTF
The current market analysis suggests that there is a potential opportunity for a short trade on the EURUSD currency pair. The price action are indicating a bearish trend, with the possibility of a downward movement in the near future. It's crucial to keep an eye on key levels of support and resistance, as they can provide valuable insights for entry and exit...
Based on the H4 chart analysis, we can see that the price is falling toward our sell entry at 1.0771, which is an overlap resistance. Our take profit will be at 1.0664, an overlap support level. Do take note that: we will wait for price to break below and pullback to our sell entry The stop loss will be placed at 1.0856, a pullback resistance level. High...
Bearish spike and channel so we looking for bearish setup in zones. AL BROOKS.SUPPLY AND DEMAND.
In the realm of technical analysis, certain patterns stand out for their efficacy and the insights they offer traders. Among them is the Ross Hook pattern, deeply rooted in the foundational 1-2-3 pattern. This article delves into understanding these patterns, their origin, and how traders can integrate them into their strategies. Dive in to unravel the nuances of...