If EURUSD gets rejected in this zone I will be looking for short positions and for a new low to be made!
FX:EURUSD This is a breakdown on a EURUSD trade i took yesterday and closed it today before London session began
FX:EURUSD Overall structure based on the weekly, daily 4h and 1h is bearish. Price closed below 1.08368 4h support and made a retest as resistance with a bullish engulfing candlestick being an entry confirmation to continue sell bias
Opportunity for Short scalp trade with a success rate of over 75% The price is likely to hit TP with a 75% chance, You can manage your position Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
Well as you can see, the price broke the major low, so we are bearish now and looking for a sell setup. In this case, we can define the supply zone (the bearish order block). If the price reaches this zone we can execute the sell position with LTF confirmation. Please pay attention it's not investment advice. Do your own research. 💡Wait for the...
EURUSD presents an intriguing scenario as it recently responded to a 10-hour demand zone, potentially signaling another upward rally. Since clear buying opportunities are currently lacking, I'll be patient and wait for the price to enter a supply zone, providing a chance to catch a potential pullback. However, it's worth noting that these zones are not the most...
EURUSD made contact with the resistance zone, as predicted from last week's analysis. We're now faced with a decision to short or wait on the sidelines for more price action. How do we trade this? 🤔 The conditions at this moment make it reasonable to short , but there is a caveat! It's very possible the price pulls back a bit to the resistance zone for another...
looking to take this down with the lower time frame trend. I will be entering only on confirmation as this could also reverse back through the poi and continue the higher time frame bias
Price moves for two reasons in Forex- to fill imbalances- and to areas of liquidity aka Timmy-Jimmy-Bobby-Karen-and James nem Stops and Limit orders :) This is the 4hr TF of EURUSD. This is the beginning of a very strong downtrend. There is a HUGE Edge to be in on a trend when it starts. We are going into the last month of trading and the market consolidates and...
Morgan Stanely has released what they call their top trade for 2024, and it is the exact opposite of Bank of America’s call. Analysts at Morgan Stanley think selling EUR/USD around the current level of 1.10 is the trade to make next year, with a target for the pair reaching parity by the end of the first quarter of 2024. This outlook relies on sustained economic...
According to ABCD Paterne According to Divergence To CCI Level Below Zero Level
FOREXCOM:EURUSD is bullish in the Daily, it has: 1. Bounced from a demand zone 2. Swept a low before the push 3. Slightly reacted to a Daily Supply -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The 4H Chart shows: 1....
After beeing stopped out of my last Short at EURUSD (See related idea). I took a look at the monthly chart. Price is currently at a big support level. If we should see further movement down, (i would prefer to see 2 monthly open and closes under "Support area 1) i will look to short on a retest of said support area. SL would be based on a LTF however i would not...
Selling only after the break under the HMA and the retest of the HMA **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
We have a CHoCH in 15min TF to the downside. I'll wait for the price to come to this area and then look for a bearish CHoCH in 1min TF and then I'll go short. Lets see what will happen. Good luck...
The foreign exchange market, a dynamic arena where currencies engage in a perpetual dance, is currently witnessing notable shifts in the EUR/USD pair. This analysis delves into the intricate interplay of both fundamental and technical factors influencing the Euro against the US Dollar. Against the backdrop of the Federal Reserve's cautious approach to monetary...
⚠️ Reaction from Balance and Premium Level Zone ..!!! 🔴 Try to SELL all the TOPS !!! 🔴 Confirmation Seller Limit Area 1.0986 & 1.0942 Zone.
This idea is based on my higher time frame bias that I have marked out from a while back, as we are steadily approaching a key level on the HTF. I'm going to be expecting EU to melt back down towards 1.07500 or lower to fill in major imbalances that have been left from before. In addition to this, we are entering the 0.78 region of the fib range which is a more...