As you can see, price is on a trading range for a week and has a strong support on 1.055. This analysis is base on breaking the support. Now we can define our expectation: potential sell zone: 1.0685 to 1.071 Targets: 1.055 1.036 1.022 💡Wait for update! 🗓️29/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
EURUSD pulled back to the consolidation zone. Consolidation zones typically act as both support and resistance. The market is testing the psychological level of 1.6200 and is in the middle of consolidation. We expect a retest of the resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Since the end of September last year, EurUsd has started to rise and managed to recover more than 1000 pips from its 2022 losses. Although in long term I believe that the bearish trend will resume, in the short term more gains could happen. In the second half of December EurUsd consolidated in a range with a break above the upper boundary of this range on the...
From my previous Post on my EURUSD set up as you can see we almost made our TP although we made some amazing pips even though the market is not fully operational In this set up i was able to see the Elliot wake formation and capitalize on it bringing out the new entry on the last wave then i'll be looking to see what happens next stay tuned for more follow me...
EURUSD rebounded from the support level and lower border of the channel, which act as dynamic support. Price pulled back to the consolidation zone. The market is trading above the psychological level of 1.6800 and consolidation. We expect a retest of the resistance level. ------------------- Share your opinion in the comments and support the idea with...
EURUSD update from my past setup EU has been really slow these past few weeks making only slight major moves but i hope to see some really nice moves in the coming week because i see a lot of liquidity been taken at the current high and there is a nice resistance i personally like EURUSD will be more like a very good study for me during this week probably till the...
EURUSD D1 Sell Area Marked, We will sell from area when we any sell candlestick pattern from this area.
It is true that not every trade is a winning trade things could be changed in a seconds here. We could only predict what could happen next, as my system suggests that the super trend is continue bullish and it broke the current resistance level the EURUSD could go upwards and comes again making a new support here or it could comes to the previous resistance level...
EURUSD is consolidating following the channel breakout. Price action double-topped before rebounding off the resistance level, then it created a false break that means bulls did not have enough strength to hold the price above the level. The market is coiling up before expansion, so we expect further consolidation until a new trend is...
EURUSD is consolidating in the ascending channel. Probably, it is going to do so for the next couple of weeks. The market is pulling back to support and dynamic support, which is the channel's lower border. If price action rejects the level of consolidation, we can look for a potential buy trade. ------------------- Share your opinion in the comments and...
EURUSD is consolidating at the resistance level . Price action double-topped before rebounding off the resistance level, bulls don't have enough strength for breakout The market is coiling up before expansion, so we expect further consolidation until a new trend is confirmed. ------------------- Share your opinion in the comments and support the idea with...
Since the end of October, EurUsd has risen a lot, with the pair gaining more than 1000 pips from the bottom to the top. Also, since the recent high, the pair slightly corrected and now is trading in a narrow range with a bullish tendency. Although technically a new high is not out of the question, traders should be aware that this is just a correction to the...
Hi everyone! If we look at monthly and weekly chart the trend still remains bearish, but if we pay attention at daily chart, the technical background has changed, at least in the short term, and 1.09 area approach is still possible. Having said that, we will be following the pair on smaller time frames next week, looking for some pattern to trade as shown on...
EURUSD is consolidating. Most likely, it is going to do so for the next couple of weeks. The market is trading in an ascending channel. If price action rejects the resistance level of consolidation, we can look for a potential sell trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD is moving sideways at the resistance level. Price action is printing equal highs and lows, indicating a consolidation . The market is coiling up before expansion. We expect further consolidation until a new trend is confirmed. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The Euro-Dollar has now retraced more than 50% of the 2022 downtrend, EURUSD has formed an Ascending triangle and looks like it has broken up. The uptrend is likely to continue and reach 1.07515 level.
Hello traders! ‼️ This is my analysis on EURUSD . Here we can see the AMD pattern, as price now accumulates and I expect it to manipulate sell stop liquidity and fill that imbalance lower and then to distribute higher. Like, comment and subscribe to be in touch with my content!
EUR/USD have been trending for the past few months however a pull back is likely expected given it has struggle to get past 2020 low at 1.06400 for the past 2 weeks