Our preference: short position below 1.1660 with targets at 1.1600 & 1.1570 in extension.
Alternative scenario: in excess of 1.1660, aim for a continuation of the increase with 1.1690 & 1.1720 in the line of fire.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Nice example of structure break, price is above the previous swing high.
Now we are making higher shing hing and higher swing low. Which can be considered as up trend.
Yellow lines and ellipse marked may work like support or resistance in coming future. I am not suggesting any trade but wanted to share nice example of structure analysis and trading.
Hence...
It is in a steady upward channel on 4h, recently broke through a pretty strong resistance and key level at 1.07. I don't see the trend line stopping it from continuing bullish and I believe with a weakening DXY we could see the start of a steady and long term overall bullish move from EU
Happy weekend traders, what an end to the year we have on our hands.. as most of you know already I have been screaming parity for some time!
I think that FX markets are not too complacent about the referendum. Italy's complicated politics mean a "No" vote (which is expected) doesn't necessarily follow through to the 5-star movement coming into power. The impact...
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
I know a lot have been asking me for my outlook on EUR after last weeks events so instead of getting back to you all individually I thought this idea was the best course of action, do let me know your thoughts and as always your likes are most welcome!
SUMMARY:
The EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1030 level as...
Happy to be back on Tradingview guys, hope you are all enjoying Brexit profits, please continue your support by giving this a like and comment!
SUMMARY:
The EURUSD-0.60% pair fallen slightly during the course of the day on Friday, broken the 1.1095 level as support. At this point in time, the market is looking bearish . The primary trend of EURUSD-0.60% is...
Hello!
These are simple swirl levels, with simple yet powerful trading opportunities. I will update during the day, where will be opened positions and TP's, if EUR USD interacts with these levels.
Yesterday we made nice short and TP was hit.
Trading rules are simple, if eurusd breaks one of these levels up and down or down and up by 5 pips ( without touching the...
Hello my friends!
Based on my calculations 1398 has to be seen during the time frame from 28.03 - 01.04.
If it does not happen I Abandon my system!
SL is very WIDE and I could drop it down more based on situation!
Fingers crossed!
My project is coming out soon and all of you will get the templates I am trading!
