Dear Traders, We have witness change in price action, our bias remain same although now we are looking at the different area from where we can take entry. The first area is identified on the chart as 'entry' and then there are three areas to set 'take profit'. For stop loss it is up to your own risk management. Remember, do your own research too, and only take...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . ! Great BUY opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad...
Hi fellow traders, EURUSD has reached the blue box after completing the ABC corrective structure. Target the previous top. Good luck and trade safe!
AUD USD is currently retesting a major key support level. Waiting for candlestick confirmation patterns to get a sell entry
In the 4-hour timeframe, EUR/USD appears to be exhibiting a bearish trend as it tracks within a descending channel pattern. This pattern suggests that sellers are exerting control over the market, leading to lower highs and lower lows. Traders may look for opportunities to enter short positions, targeting potential support levels within the channel. However, it's...
Technical analysis OANDA:EURUSD OANDA:EURUSD fluctuates in a narrow range above 1.0600 on Tuesday as the better-than-expected Economic Sentiment data from Germany helps the Euro hold its ground. Fed Chairman Powell will speak on the policy outlook later in the day. OANDA:EURUSD edged slightly higher after testing 1.0600. The Relative Strength...
EURUSD is currently displaying characteristics indicative of a Crab Harmonic Pattern (XABCD) formation. This pattern is observed alongside a significant trendline, adding further confluence to our analysis. Key Levels and Fibonacci Retracement: Point D of the Crab Harmonic Pattern coincides with a key resistance level, accentuating its significance....
FX:EURUSD dxy remained extremely bullish in recent few weeks which resulted EURUSD to drop significantly leaving many gaps in the price action. What we want now for price to drop further which will result price to fall under the discounted price zone. This is the last chance for price to rebound, if it fails then price can falls further creating year's lowest low.
Hello traders, EUR/USD has managed to defend the 1.06 level so far. Currently, on the 4Hour chart, we are seeing the formation of a bullish candlestick. So, the question is whether there will be a sustained recovery in EURUSD? The first resistance level for the EURUSD bull lies at 1.0665. If the bulls manage to break this level strongly, then there can be further...
The US economic system acquired a super improve from an first rate growth in retail income in March, which contributed to a sturdy monetary enlargement and a massive strengthening of the greenback. in comparison to different principal currencies. The greenback`s upward push comes amid issues approximately China's economic system, which, despite the fact that...
Hey, guys. Friends who are tired of the continuous decline, Look at this chart. I got two clear signals of a rebound. If the candles don't breakdown gray zone in current position, and don't close down. That is cleary condition that candles rise up.
Pair : EURUSD ( Euro / U.S Dollar ) Description : Symmetrical Triangle as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line RSI - Divergence Break of Structure and Retracement Completed " 1234 " Impulsive Waves
After experiencing a significant downturn in the past few days, I'm anticipating a potential bounce back above the 1.06680 levels. Analyzing the charts suggests there could be a reversal on the horizon. Traders, it's crucial to strategize and plan your trades accordingly. Disclaimer: Trading involves risk and should be approached with caution. The analysis...
I am waiting to enter long on EURUSD. The price has just made a lower low and usually this could lead to a reversal point. I marked a short term bearish trendline and i will wait for a break above this trendline before entering in a long trade.
Hello traders! ‼️ This is my perspective on EURUSD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I want price to make a retracement to fill that huge imbalance higher and then to reject from bearish order block + institutional mid figure 1.08500. Like, comment and subscribe to be in touch...
Hello traders, EUR/USD fell heavily post the release of CPI data from the US last week. While I anticipated EUR/USD to fall to the 1.0740 zone, I did not expect it to break the horizontal support level. Currently, EUR/USD is at the lower trend line of the broadening wedge pattern . While the price action does not look bullish yet, I am still considering at buy...
This week's bias closely resembles that of GU, where I'm seeking buying opportunities towards a subsequent selling position. With price melting down and breaking structure to the downside, it has created numerous imbalances that need filling, prompting this bullish outlook. I'll be patient, waiting for the accumulation phase to complete along with a confirmation...
EURUSD Buystop if it breaks the R2 Resistance than it will go further upside