Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
the price is currently in the support area, but for the time being there is no bullish candle as a sign of strengthening or continuing the bullish trend. there is a possibility that the price will go down first to the SnD area
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
I am long on it. I am not seeing much strength in DXY. As US successfully decreased there interest rate to 3% which is big success for US. I think DXY will continue to be fall.
assuming that currently wave 3 is formed, with the theory that wave 3 is not the shortest wave, then we take the assumption that wave 3 has the same wave length as wave 1. then the wave 3 target is still a few pips away since this analysis was made. You can place a pending buy limit order at the SR Flip area in the blue box below.
Hi Traders! There is a potential cup and handle pattern here on the EURUSD 1D chart. After the down wave and then up wave, the market has now reached the psychological level of 1.10000. The market has not been around this level for more than a month, so we expect some resistance here, therefore we have drawn the potential cup handle on the chart. The potential...
although the HnS pattern is formed, the price is not necessarily bearish, if you look at the a-b-c-d-e pattern that occurs, this is a complex correction. it is likely that the correction has been completed and now the price is returning to the impulse. you can take the opportunity to go long when there is a correction.
the end of the week there was a fairly large movement marked by a fairly thick bullish candle. this is one indicator that the bullish trend is back in control in the next few weeks. there is an opportunity to join the beginning of this trend when the price retraces later.
my analysis has not changed, the possibility of going down is still a chance. where if you look at the market structure, there have been 2x LowerLow and now the price is responding well to the bearish trendline, there is a considerable possibility to continue bearish.
Hi Traders! There is a descending triangle opportunity forming on the EURUSD 4H chart. The price action is showing lower highs and lower lows, which shows that the bears are currently driving the market to the downside. There is support at 1.08354; there was a previous double bottom at this level, so we are looking for a momentum break and a close below this...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
The DXY (Dollar Currency Index) seems to be much stronger than EURO. I believe that EURUSD will fall and it will be best entry point if it again comes to its resistance zone.
Dear Traders, check the price action in 1 minute TF for bearish change in market structure. then mark your POI for entry for minimum sl. please don't jump in market blindly. protect your equity first. Comment down your views let's discuss. If you liked this idea or if you have your own opinion about it, write in the comments. I will be glad BEST OF LUCK
the analysis corresponds to the area where the reversal is expected. the price is right towards the fibo retrace 0.236 and also the QM area. with the price movement until now still in accordance with the analysis, there is a high probability of EURUSD bearish until the support area below. there is an opportunity of +190pips to gain profit.
Hi Traders! There is an ascending channel setup here on the EURUSD 1H chart. We are approaching our vector level at 1.09483; there may be some resistance here for the short term, and above this level, there is another vector level at 1.09766. We identified a cup-and-handle potiential formation on the 1D chart last week (LINK BELOW), and the handle now seems to...
price looks to break the trendline with a fairly dominant bearish candle. there are two areas to be a pullback reference before price continues the bearish trend. when I provide fibo retracement, the SnD area intersects with fibo 0.618 & 0.236, is this a coincidence?
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.