The 4h chart exhibits an imperfect bearish shark that could give us between 100 and 150 pips upwards up to 1.1200 in the next 5-10 trading days. And more than 200 hundred pips on the way down. The price is somewhere in the mid of the downtrend channel on the weekly chart. It's been declining gradually in the past months and will possibly continue doing that down...
The euro is holding firm against the US dollar in early Thursday trade, ahead of the release of the ECB Meeting Minutes later this morning. Any commentary towards increasing QE purchases will likely be bearish for the EURUSD pair. To the upside, if ECB members are seen to be divided about further QE purchases, it will likely be taken as bullish for the EURUSD...
Risk management: Compounding. Leveling: PA. Time: intermediate to long-term. This is just my view follow if it aligns with yours. Ideas are not repeated rather updated. Previous setup
Open Sell when the price will break down 0.6864 - The main trend is down
Hello traders, EUR/USD looks good to go long for short term trading. Target to be at 1.13200 with a lower risk at about 1.124200 as stop loss from the current price level. Happy trading!
AS we can see there is a good 2:1 long setting up on the EURUSD. Price has pushed down to the untouched zone and we are seeing more buying pressure froths level. The 2 hour chart shows a strong moved down with that engulfing candle which will offer little resistance to the upside at around the 1.15200 level
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Currency Pair: EURUSD Sell Limit Entry Price:1.14 Take Profit:1.13 Stop Loss:1.14500 Capital Risk:500USD(amount may vary depending on your account size and risk tolerance) Potential Reward: 1000USD Risk/Reward: 1:2
As per the LongBuyLongSell the short of the EURUSD is squeezing and at any day as shown in the chart it might breakout for big upmove.
This week was an outstanding one related to my EURUSD trades delivering big time. In this week I expect price to keep climbing as we are in a bullish context related to median line analysis. On it way up price will complete a bearish butterfly pattern which completes at a key resistance level. Any sell setup completion at D point will be a nice opportunity
Price is being forming a head and shoulders pattern at a key resistance structure level. Selling the breakout of the neckline is a nice idea Structure Level:
Here we have the strong downtrend. So price will go slowly downside but here is an important support to. If you need to go Short for EURUSD, wait until support 1 will be broked. Thank you for support my channel and ideas.
Price is about to complete a bullish bat pattern at a key support level - the sliding parallel of an upsloping median line. Stop-loss should be placed below X point (1.21500)
Looking at the hourly chart of EURUSD we may see a pending bearish pattern. Entry: 1.25155 SL: 1.2565 TP1: 1.24464 TP2: 1.24069 All the best, John