If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). Looks like there is more downside coming as on the 4 hour everything aligns in the Ichimoku system for more downside. 1. Price is under the cloud 2. The Cloud ahead is turning bearish. 3. The Tenkan ( Yellow Line ) is under the Kijun ( Dark Blue line ) 4....
Played out nicely next phase coming
he Euro has big potential to go up. This a winning trade today 01 June 2020 . This my today trade on Euro . If you like my ideas support me with a follow , like , share It with your freinds
EurUsd D. If 1.0766 broken, then 1.0644 is the target for sells.
Wait for Eurostoxx50 break out from the triangle. Above there is a good selling zone to trade around 3250 area, where we can short to 2900. Beyond the triangle, we have to wait for the retest of the trendline and short to 2600
This set up is based on the current order flow. Risk reward is good with 2 take profit targets. Follow me for updates and regular high probability set ups!
Last week we had posted a suggested long setup which reacted perfectly in the zone shown for long entries. The weekly region of support is something to keep an eye on. On the daily timeframe, price has pushed down since the double top, and now currently a double bottom. I didn't enter this trade last week but well done to those that entered on our bias and...
See previously attached charts, Our bias for the U.S. Dollar is long with a yearly-ending target of 100.
See linked chart below,
This is my long-term analysis of EURGBP. It has completed 4 Elliot Wave impulse waves and is preparing to begin the 5th wave down to complete the sequence. The Fibonacci retracement from WAVE 1 rejected the 61.8% level, showing the trend is strong. Therefore my target for the end of WAVE 5 and completion of this trend/sequence is at the 161.8% level (0.8454). If...
The European pairs have closed back below the Weekly/Monthly Support....And a Head & Shoulder pattern is seen to form at this support (strong confluence!!) on the Daily chart. We can expect price to meltdown to the Weekly ascending trendline below to act as support. For now only look for sells!....price is retracing to a 61.8 zone
Quick plot to observe EU after FOMC rate decision. "Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth...
Since june 2008 the Euro has losen its strength vs USD. Till may 2014 it has formed the pattern "3 descending peaks" with the following deep fall to the lower limit of the big parallel channel (red), after it had broken the neckline. The next recovering had been very weak and didn´t reach the upper limit of the mentioned channel. Since january 2018 the Euro has...
Today markets another important day of voting in the UK House of Commons where Parliamentarians will again cast opinions on the so-called 'indicative votes' all of which failed the first time around. Regardless, the markets certainly do not believe the UK is headed towards a no deal Brexit, but as of right now that is where the UK is heading as a deal is required...