SL: 1.06500 ENTRY: 1.07626 TP: 1.0 After an initial bearish move price found support at the monthly demand zone and also respected the 1.05 quarter point & monthly trend line. This ultimately formed a higher low and a continuation of the overall bullish trend. Price then began a bullish move until it met resistance at a weekly supply zone and created a...
Manage risk during news time, intraday trade tp and sl mentioned not a financial advice
Buy opportunity in the OANDA:EURUSD with a target at 1.08300 for a profit of 50 pips. The candle marked with the 1 hour timeframe has had a lot of buying pressure from institutional traders, giving us a good opportunity to make a trade. Guys, what do you think? Leave a comment with your thoughts.
If he breaks the structure and comes back to me, then I'll come in with a sell limit.
EUR-USD fell down but Has reached a horizontal Support of 1.07361 from Where I think we will See a bullish rebound !
Manage risk during news time, intraday trade tp and sl mentioned not a financial advice
EURUSD fell from the Resistance Zone into a two-legged pullback around the Daily 30EMA. There isn't much for bear strength, so are we in a position to long? How do we trade this? 🤔 A long could definitely be justified if we get a strong bull close above the Daily 30EMA. We have a two-legged pullback from the Resistance Zone, several doji and weak bear bars...
We’re coming down to the last hour stretch for the trading day (depending on your location, I’m in New York so closing time is 5:00 P.M. (1700) As indicated in my previous idea for the EUR/USD, it has been a pretty slow decline for the past 10 days however; it is still wedged in, in terms of a still valid falling wedge pattern. If the daily candle closes with a...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
OANDA:EURUSD EURUSD (H1) Potential buying opportunities may emerge. Indicators that have manifested: 1. Convergence of the RSI is evident within the lower region, approximately at 1.072 2. The current price range exhibits a narrow band in comparison to the preceding price surge, amounting to less than one-third of the prior increase. 3. The aforementioned...
long eurusd 28 pip tp 4pip sl 7rrr should take out the low created but then run up
Looking at the daily chart EURUSD continues its correction of the Jan 2021 to October 2022 bear market, moving sideways in a triangle pattern. Mid July 2023 saw a test of resistance from the 61.8% Fibonacci retracement level on the bear market which held and we saw a strong move lower to the now confirmed trendline drawn from the September 2022 low. Current...
1h - The hourly timeframe continues to be in a short context, with a clear target in the form of equal lows. I plan to work on the continuation of the short context on Monday. Conclusions: Ahead is a busy week, not only in terms of determining the global context but also with significant importance attributed to news. Thanks to them, we will be able to see...
For EURUSD this week, my analysis closely mirrors what I've observed with GBPUSD. I anticipate a similar scenario unfolding, where I expect price to dip slightly further to interact with the refined demand zone on the 2-hour timeframe. Following this interaction, I'll be on the lookout for a bullish response. Alternatively, if price doesn't reach this demand...
market open looking for a long sl 5 pips tp 20 pips 4rrr should be a quick trade
Well as you can see, the market structure is bullish now and the price had a deep retracement move to the extreme bullish order block. In addition, we can see the price created the liquidity above the order block that makes the demand zone more valuable. As a bullish target, we can define the liquidity above the equal highs as a first target and also we can...
In the past two weeks, EUR/USD has been very choppy. In fact, the pair has remained relatively unchanged in terms of price since the beginning of the year. Upon examining the chart, we notice that although the pair has reached new lows, these were very close to each other and were quickly reversed. This type of price action typically suggests a medium-term...
The EURUSD has been stuck in a range between 1.05 and 1.10 for around a year now. We're left wondering: could we see a breakout towards 1.15, or will it drop back to the bottom of the range at 1.05? What happens as the price dips below 1.08 could be crucial. Take a peek at the daily chart below. It shows us inching back down to an untested weekly BUY/DEMAND...