Dear traders! On the price chart EURUSD broke the classic bearish wedge structure and reached 1.0867 below the key resistance zone at 1.0900. However, the very strong uptrend seems to be well supported by the 2 EMA 34.89 on almost every time frame and above the key breakout area at 1.0800 which the bulls are holding on to with the aim of strengthening....
Hello traders! I hope everyone is having a wonderful weekend. I am sharing a concept that's helping me understand why the market violated our marked MTF-POI. For every trade that doesn't play out according to my expectation, i need to hold my self accountable and understand why certain things happened and of course sometimes there will never be enough...
The EUR/USD pair continued its upward trend on the final Friday of the week, maintaining stability within the price wedge. The outlook remains bullish as the price channel holds firm, and the EMA 34 has begun to show signs of a reversal!
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.0811, which is a pullback support that aligns with the 50% FIbo retracement. Our take profit will be at 1.0884, a multi-swing high resistance. The stop loss will be placed at 1.0753, which is a pullback support level close to 78.6% Fibo retracement
EURUSD has almost completed its AB=CD pattern. After formation of divergence a possible down move is expected.
EURUSD is currently reaching its PRZ. It is also following its trendline. A bearish divergence at PRZ is a good setup to sell.
Do not jump in yet! Wait for confirmation of the reversal a.k.a. lower lows. I do think there is a high probability this will do down but we cannot be certain as of now. Be careful and trade only the clear setups. No guessing! Regards Sz
EUR Dropped slightly on Friday morning, coming down to a low of about 1.08362 trying to break support structures. However the bears couldn't quite get past it. Per previous predictions based off of various data, we did see a retrace back up consolidating for the end of the week below the high. This will likely become become a new Support or Resistance structure...
Waiting on this 1 hr BOS to buy for next week. Euro appears bullish to me atm.
before buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk...
Space Drop #18 with Bestia x pivot unit
The Market most of the time has a pivot point which when prices hit that point it bounces off the point and then goes to hit another pivot point ,I have carefully highlighted the key pivot points in the market for EUrUsd for the market to make a uturn or a reversal in price ,this is very necessary for traders to understand this . Kind Regards
eurusd short long term interest rates will play a major role this is NOT financial advice
📉 Bearish Reversal Setup on USD Pair: Trade Idea and Analysis 📉 Overview: This analysis focuses on a potential bearish reversal pattern for a USD currency pair on the shorter timeframe. ⏳ Recent price action suggests a downward movement, and this trade idea aims to capitalize on that potential. 📉 🔍 Analysis Details: 1. Current Price Action: - The price is...
I'm entering a short position of 4 lots on FX:EURUSD at 1.0865. This trade setup is based on my analysis of recent price action and key support levels. If we break below 1.0827, I believe this will confirm that the top for FX:EURUSD is finally in, signaling a strong bearish trend. Trade Details: Entry: 1.0865 (Short position) Confirmation Level: 1.0827...
Like often occurs in Elliot wave counts, we're confused about determining whether it's i - ii - 1 (iii) (red line) or A-B-C (green line) I draw the analysis so both bullish and bearish can take positions with good risk-reward ratios. tell me your thought on this in comment box, are you a red bull or a green bear? good luck
EURUSD Uptrend. If we have the uptrend (Trend Sniper Method) confirmed at the important level, it will exceed (1.11387)
The price perfectly fulfilled my last idea. The market took off and hit the target. FX:EURUSD has broken through the previous day's high, moving higher as it tests the strong resistance level of 1.09000. This is the same zone where the market tanked, setting up an April high. The price has now reached the upper border of the channel, making a 1-2-3 extension,...