HTF 4H Analysis --- 4H is currently in downtrend. After first Major CHoCH, price is making the Counter-Trend (CT). Looking up the internal structure within CT, price may come back first to the BULL Point of Interest (POI) to continue the CT. LTF 15M Analysis --- 15M is in the uptrend. But price is facilitating 4H interal structure pull-back. 4H 15M ...
Hi fellow traders, The short call yesterday at breakdown 1.23110 was not executed but today there is good opportunity to short EUR/USD at its peak. Take your look at the depicted chart below for more info. Trade well! makkaba team
Hi fellow traders, There is a good opportunity to short EUR/USD at 1.23110. Take your look at the depicted chart for more info. Trade well! makkaba team
Looking at the EURUSD on the Daily chart, we can see that the pair are nearly at the top of the huge channel it's been trading in. I will be watch the pair as it reaches the top of the channel.
Looking at the EURUSD pair, we can see the pair are nearing the top of the price channel the pair have been trading in for quite a while now. There are two scenarios playing out here. Either the pair could trade higher to the top of the channel, or the pair could break down through the trend line and start heading lower. The MACD & AO both show divergence which...
I believe the EURUSD is about to fall as it's currently at the top of it's price channel, but also shows bearish MACD Divergence. I will trade this to the bottom of the price channel. If the pair breaks below & closes below, then I will wait to enter short again