SUPPORT BECOMES RESISTENCE THEN SELL THE RETEST TILL THE NEXT SUPPORT
Multiple confluences are always needed for me to make a trade, one confluence here is by identifying the liquidity zones (highlighted in blue ) allows me to see where the market is more frequently attached too,another confluence is that the 23% is a trend continuation so from the vision i can see i am riding this one down closing off partials along the way....
The Tidal Shift Strategy has just bought EURUSD at 1.1211. The system recommends entering this trade at any price between 1.1201 and 1.1221. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.04371, which suggests that the EURUSD could be trending upwards.The 14-period Average...
EURUSD is approaching our first resistance where we might see a corresponding drop in price to our first support level. Stochastic is also approaching resistance.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
it is a messy pair but short term movement can be like this 1.1220 zone is very important
hi traders according to my trade plan good opportunity for short bur never forget this idea for my education
3rd trend line touch and 61.8 fib touch...
Daily chart next week trade scenario
Two trade scenario for next week, watch out for trend line break out.
OANDA:EURUSD Sell from curent price SL-1.1192 TP1-1.1122 TP2-1.1072
EURUSD reversed off our first resistance where we might see a further drop in price.
If you have been following me, you already know that in my previous EURUSD chart, I advised you to wait for proper levels before buying/Selling and I indicated with arrows about the possible price movement. I indicated the 1.1110 area in my chart as possible support and as you can see, price bounced up exactly from that area and went up by 70 pips. So, at this...
As we see in the hourly chart, it follows a downside parallel channel..
We continue to decline, all signs/indicators indicate continued declines, for example: The eurusd is below all important moving averages. The Ichimoku cloud is in red. The blue line of Ichimoku continues to be above the red line. and more... TP:1.08