Price previously breakout from the Triangle, Goes lower towards -1.272 to -1.382 Fib projection where price is now extremely cheaper to be bought. Price keeps rejecting where it has now compressed in a triangle. Head & Shoulder is expected, as price shall move higher towards Key Levels ( 1.20489 - 1.20055 ) Infact when you Pull the Fib from HIGHEST POINT to...
I am a rookie and learned a bit about W.D. Gann this week. If you have any thoughts about this idea feel free to leave a comment. Special thanks to @HamadaMark
Hi Guys, My yearly forecast of eurusd shows some initial EUR upward momentum during jan-feb but after that we will see strength in dollar cause there is high chance it's gonna make last wave to downside making some kind of running flat in major corrective structure. right now euro showing high signs of more upward move. but its about to finish that big expanding...
Trendline was Break, wait for re test get opportuniti for Long
EUR / USD The old demand zone has become the new supply zone. See the next daily chart.
Eur generally bullish, but Eurjpy + Eurchf more than Eurusd. Latter trading towards resistance. Weekly Recap available on utube.
Dear Traders, There is lot of indecision in the market because of geopolitical issues and french election. As we are seeing price of dxy getting down very sharply but eurusd price is not rising in comparison. Currently,price is in bearish flag with abcde wave. E point will be most crucial point because if it breaks then it leads the price towards 1.0810, 1.0875,...
are these the foot steps of big move? share your ideas
EURUSD 4H Resistance:1.1190 Support: 1.1000 This is not investment advice
Just a few trades on a long eurusd based on my personal analysis.
If it is true that history repeats itself then keep an eye on the monthly chart in the euro. This chart shows the euro establishing a long term low. If the previous uptrend from the low at B to the high at C were to be replicated then the target can be projected at point E. Since this is a forecast with a horizon some point next decade, the focus can be...
Recently i have been making good percentages day trending/ scalping. now i have a bigger account i want to focus on the more longer term trades. to do this, i think Wave theory is the best bet to understand the psychology more. Laying out wave theory can be difficult, but this looks straight forward... Will look into the lower charts to pick up any lower fractals....
The perspective in the longer term: Currently located around 23.6% of the abolition of inheritance from 1.3994 to 1.0463 level. After breaking the current price levels, demand side should move towards resistance level at 1.1495, where correction should be longer. Then Eurodollar will be ready for further growth towards the level of 1.1811 (38.2% fib abolition).
After breaking the support at the level of 1,0808-1,0810 currency pair will head towards this year's lows 1,0460. Support for supply activities will be the ECB and the Fed.