selling EURUSD following 1h OF and 4h signs of weakness to put new highs so we drop to LTF to look for entries to take advantage of this move Analysis: 4h 1h 15m www.tradingview.com 3m entry
In fact , Monday sweept liqudity from high of Friday and after that we see CHoCH on London session , pullback on NY session we have m1 conformation for short. Okay ..
Well Dollar Buyers Piled back in with positive Jobs data. Eurusd returned back to the bottom of the range for the 3rd time in 2 Weeks. Our Daily Levels being 1.097 and 1.095. Quite the week for Swing traders and Scalpers playing the range.. Like who cares about breakouts anymore 😂. We were anticpating this data to take us out of the range and up to 1.115 but that...
Do we have enough steam to take us to 1.11500? Anticipating that rates stay the same and that the May Decision is Bullish. Planning since Staurday this past weekend that we may be onto something here. My Belief is that May Decision is viewed as an Optimistic data point. Preparing for a fall to 1.086 if not the case. Safe Trading. I'll be looking for opportunities...
These are the prices that can reverse the price. You can enter by candlestick patterns or with setups. Have a good week.
OANDA:EURUSD Took a long for 10 pips hard TP with DXY heading lower as the markets shake off a hard fall
OANDA:EURUSD Nice to have a stressless scalp with no impactful news during the Asian session zone a few minutes ago. Dollar index heading north. EU pair heading south. 10 pips hard TP Good night from the states.
Has EUR Topped out and has GDP been enough to put the nail in the coffin? Price is continuing to reject extreme prices and this was anticipated from 1.1045 and 1.1056 Higher time frame level's. However Buy Side took over to close out the NY Session. Maybe this is a precursor to a Bullish /Optiumistic CPI release tomorrow and a rise in EU. This is my Bias for the...
London Session -- London Volume pushed us hard back up to the Highs. Sellers caught as the Tide went out. New York Session -- "Wait for me I want buys too" London Close -- " Let's Buy I dont want to Miss out" The "Breakout" was corrected shortly after as Buyers TP and Shorts Say " wait before we breakout we must come back down to earth" . If we go up we are...
OANDA:EURUSD Cant seem to break above the 1H OB
We have Seen 2 Colossal moves on EU in the last Day. Yesterday was tremendous buys to begin the week as Every Session saw a bullish push up to HTF Levels and Extreme prices around 1.105. For Breakout Traders we saw a Trap near Weekly Highs at Weekly Level 1.1056. Why would you place buys up there without a Daily candle close confirmation above 1.1045 Daily level...
OANDA:EURUSD While the Dollar Index crawls back up with rate hike chatter. EU follows suite to the downside.
Looking for a Correction because price is going straight up. The New 4Hr Candle may be the catalyst for an Asian Session Pullback before the 2nd London Session of the week kicks off. As we approach London Session we will see more volume arrive and anticipating potential corrective structure. The RR is worth a short although you should never walk in front of a...
Price is currently In a Range between 1.0952 and 1.0988 on the 4Hr. We have extreme short term prices at 1.10. We have multiple wicks here and we can bet probably that there will be a downside reaction for bears after we hit this area. It is also a psychological area for everyone on all TF's. Hawkish remarks by Fed recently don't necessarily appear to have drastic...
Good afternoon traders, I hope this video will provide you some value on remaining patient and not rushing into longs on EU until we have reached a discount market and filled the 4h inbalance. We certainly have unfinished business on EU and the daily chart has shown no indication of going short any time soon. However, it is important to note that when equal...
OANDA:EURUSD Only took a 10 pip TP early in Asian session. With a handful of HUGE news releases, NY swallowed most pairs, and threw it all back up on the charts, what a mess it left. If your traded during NY, don't kick yourself too bad, it happens.
Fundamental Backdrop 1. Stronger dollar and bullish sentiments in USD is being brought forward from last week. 2. However, given the interest rate differential between the 2 currencies, EURUSD is anticipated to continue bullish. Technical Confluences 1. Near-term support at 1.08848 2. Price is still forming HH and HL, on a bullish trend 3. We could see the...
Fundamental Backdrop 1. Market sentiments continue to favour the EUR against the USD given the potential interest rate differential between the 2 currencies. 2. ECB highly anticipated to hike rates by 50 bps in the upcoming ECB meeting. Technical Confluences 1. H4 support at 1.08764. 2. Price have rejected the 0.618 level on the Fibonacci retracement and has...