Hello there from Prosperity Trading! After more than 5 years of hard working in silence I decided to open my own Tradingview channel to share my trading analysis and jurney with you. I hope to find here all the support for the educational analysis I plan to share. My aim is not to say only buy or sell this pair, but to make you understand why I am in that bias direction. I want to be as clearly as possible in my analysis and i DONT use any indicator.My analysis is onlybased in Support,Resistance and trendlines,also Fib levels which i use as an indicator to verify my trades sometimes. I have proved to myself after these several years of charting that this is the best way for me to be profitable and not to be distracted by indicators. I strongly believe in PRICE ACTION.
So,lets get started! Here we are with my first analysis of my favourite pair EURUSD! We can clearly see we have a downtrend overall direction that started approximately 11 months ago.We have also a downtrend current direction in the market , which we can clearly notice in the daily timeframe and 4H timeframe of several lower lows and higher lows.I have been short in this pair for a long time now, getting in and out, but now i defenetly think we will have the break that i am waiting for weeks now. I see this pair only down for the upcoming weeks and my targets are as below:
1.We can see the first touch around 1.1070-1.11
2.Than we will be looking for another entry to target levels of 1.085-1.09
3.The last target of course will be the fill of the gap since 2017.
In fact i see almost every xxxusd pair to a downtrend for these upcoming days.I see a DXY strong on our way.
I hope everyone supports and shares my free educational ideas and in any case that you have any question please dont hesitate to contact me privately or comment down below. Thanks in advance. Have a great trading week! Analysis in almost every other pair will come soon . Follow me to gain my completely free analysis on time!
So,lets get started! Here we are with my first analysis of my favourite pair EURUSD! We can clearly see we have a downtrend overall direction that started approximately 11 months ago.We have also a downtrend current direction in the market , which we can clearly notice in the daily timeframe and 4H timeframe of several lower lows and higher lows.I have been short in this pair for a long time now, getting in and out, but now i defenetly think we will have the break that i am waiting for weeks now. I see this pair only down for the upcoming weeks and my targets are as below:
1.We can see the first touch around 1.1070-1.11
2.Than we will be looking for another entry to target levels of 1.085-1.09
3.The last target of course will be the fill of the gap since 2017.
In fact i see almost every xxxusd pair to a downtrend for these upcoming days.I see a DXY strong on our way.
I hope everyone supports and shares my free educational ideas and in any case that you have any question please dont hesitate to contact me privately or comment down below. Thanks in advance. Have a great trading week! Analysis in almost every other pair will come soon . Follow me to gain my completely free analysis on time!