Head & Shoulder in making for EUR USD --with First target as 1.130
FX:EURUSD Sell opportunity for EU. Target Entry @ 1.14 SL @ 1.1425 TP @ 1.1350 RRR 1: 2 TAYOR
Some more downside. Surprise Surprise!
EU make a good double bottom and nice 100+ pips run we are targeting retrace and back below lower trend line This plan will work beautiful if NFP numbers come in dollar favour if DXY breaks support--exit the trade
if the H&S formed on h4--we can look for short entries around 1.155 ---1.156-- we shall look for entries on smaller time frames for price confirmation and wait to see where the direction is before getting in short position
EURUSD From 1D chart, we can see that price is still downtrend. Recent price broke the support (SBR) @ 1.16 BRN zone. 1H - Tweezer top formation. A valid sell Reversal Signal formed in the SBR zone. Potential SL @ 1.164 - 1.165 Potential TP 1 - 1.1580 TP 2 - 1.1550 Make sure your RRR is at least 1:2 Trade at your own risk (TAYOR)
Entry - 1.1755 Target - 1.16555 (120 pips) Stop Loss - 1.18505 (75 pips) This is a trend continuation idea for EURUSD. While some USD Pairs (AUD, CHF, JPY) appear to be at an inflexion point for a potential correction, in my opinion the Euro should continue this bearish cycle. I define a downtrend on a four-hour chart when the price is under the Ichimoku cloud,...
Triple top top possibly forming and it's at a good resistance. If you look on 15m chart you will see a triple top. IF it breaks the triple top formation expect the pair to reach 1.1935 by the end of today.
I'm buying EU with a SL around 1.78-1.79. There's a lot of bearish pressure so I doubt this actually plays out how I want it. This is a dangerous area to play with especially with the good US News this morning
EurUsd - Daily time frame - Shorts in play with great risk to reward
I'm not going to overcomplicate this one. It looks pretty easy. Huge daily bearish divergence with a head and shoulders pattern. Targeting the previous support line: Entry: 1.19 Stop Loss: 1.20540 above the right shoulder Take Profit: 1.17140 at or near previous support Keep it simple. Good luck and thanks for looking.
This is risky, considering the strong wave of USD weakness, but my risk to reward ratio is very favorable. This trade has already been triggered at the entry level and is active. I'm basing my trade on technical, but also on a past support zone and the psychological level of 1.12. To the left of the chart, you’ll notice some vertical blue lines, which identify...
Yes! Or at least I think so. Indicators (RSI, MACD) are signaling a correction and we're up against a couple of trendlines (see wider view in chart below). This trade may not be for everybody with its one to one risk/reward ratio, but I'm confident in this position and would be happy to average my position here and there up to the second trendline. I've based my...
I'm mostly on wait-and-see-mode with this trade, but there's opportunity for large, longterm profits in EU. I'm looking at this inverse head and shoulders pattern/symmetrical triangle. Here are two scenarios I'll be tracking if/when the price hits the 1.07940 area: 1) Inverse head and shoulders neckline is broken. In this case, we are in for a longterm uptrend...
Bullish oil prices and a weak Eurozone will continue a downward trend in EURCAD. EU news this week will more than likely solidify a weak position for the Euro, whereas strong manufacturing data will push oil higher, ergo driving CAD. Looking for a 15 Pip Take Profit