Prices are testing a key resistance zone at 1.0850 on the M30 timeframe. A pullback to this zone, which coincides with the 50% Fibonacci retracement, could present the opportunity to ride the drop to the support zone at 1.0800, which is in line with the 161.8% Fibonacci extension. Price is holding below the 20 EMA and Ichimoku cloud, supporting our bearish bias.
I am looking to short EURUSD on one of the RED areas. I am waiting for a distribution on 1 min Time frame, the entry will be on that TF. I will update my entry and the stop loss here on the comments. I would prefer an entry on the 8:30 NY time. Stay tuned!
I am seeing that EURUSD met its resistance and will start to have selling pressure. However, if EURUSD break its resistance, we should start to take long position for EURUSD.
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Going short on EURUSD for 100 pips will be adding more entry's with every break and re-test of each trend line.
Hello traders, i am expecting from price to come around my mentioned area and looking price action for a short position opportunity, watch EURUSD in a mentioned area and trade with your own according strategy if your strategy allow you to trade it. This is just analysis GOOD LUCK AND GOOD TRADING
We have reached a strong resistance on EUR following a broken trend, I expect a push down to the local supports. SELL!!
EURUSD has been in a correction from a weekly and daily bullish momentum. Tuesday, last week saw the break of structure lower and a strong pullback on Thursday and Friday to take out liquidity. I would be looking for opportunities to sell to the support at 1.0381 for the final phase of this correction. ** As always, trade cautiously.
On the M30 timeframe, prices are testing a key resistance zone at 1.0720. Failure to break above the resistance zone could see price drop to the support zone at 1.0680, in line with the 61.8% Fibonacci retracement. MACD is showing bearish momentum, supporting our bearish bias.
EUR/USD ... This is not signal... Dont risk more than 3% of your account on any trade...
Euro usd will go for a retest on near terms. so I am short on eurusd
My first trade on eurusd perfectly hit the TP. I guess now it's time to take a short position on this pair. Lets see how it plays.
EURUSD right now tap H1 FVG , if we get confiramtion for 5 minutes even 15m i'am going to take the sell.
Just to update our last trades in EURUSD: Educational: What we have seen on the chart it was quite clear, we had clear swp, then nice CHoCH, after that we have determined 5 min POI, becasue in 1M was not recognisable perfectly, Our entry mainly are in 50% of POI but sometimes bottom of POI are right place to enter, Again better for you to check and follow the...
here is my eurusd short idea its based on marketstructure - clearly bullish - currenlty in the 4th bullish wave , created 4 higher lows 1.0720 - 1.0750 area looking weak, traded there last week and also few weeks before already but market failed to push higher currency strength, eur very weak, usd also weak but much stronger than eur the idea is that after...
The eurusd pair has developed bearish divergence on both the weekly and the daily chart and my assumption is that it could create an H&S on the daily chart, now that what appears to be the left shoulder and head can be noticed. Additional confirmation will occur once the PA crosses the dashed trendline.
In the recent drop we can clearly see an OrderBlock form with plenty of Imbalance which price is currently pushing up to fill, The reason this candle sticks out to me as an OB is because it's the last candle up which is swiping buyside liquidity before a huge drop, The purple box in the OB represents a slight bit of imbalance which lines up nicely with 50% of the...
SELL OANDA:EURUSD when the trend line and white zone BREAKs! WAIT for CONFIRMATION!!!