We have a beautiful range on EURUSD and a potential BAT on a strong zone
Bottoms Up EUR/USD have found the bottom .... It's time to load the boat and go long. Remember to give it some time for levelling out and start the retrace Best to your trading! Wall St. Scalper Music at work: Brantley Gilbert "Bottom Up" www.youtube.com spotify:track:7nDoBWDvf02SyD8kEQuuPO
Long-Term Down Trend. Approaching Significant Resistance. The up trend starts when the next trend is broken. Otherwise, the down trend can continue at that trend line.
So there's a reasonable expectation for the EURUSD to correct after the huge rise seen these days. There are several old zones (suports and resistances) that could work, yet the H4 could prove evidence otherwise. Fundamental factors do in fact point to EURUSD not getting back to the pre-draghi levels in my opinion, but it rather depends on the NFP data tomorrow...
Last week EURUSD was saved last Friday following NFP and again the price bounced from the 200 days MA line. The price is between 3 MA lines - 200 DAYS as support and 50 & Fast as resistance. Notice the Triangle pattern that I've added this week - Breakout scenarios are shown at the chart. A close below the 200 days MA line will send EURUSD towards pattern...
EURUSD Slingshot to the Moon, We Only take this trade if it hits our target entry, if it doesn't hit the planned entry level, we Don't take this trade, which can be from 10950-10960 depending on your choice, personally i believe the reversal is about 10950. TP1 1.11147 TP2 1.12107. TP1 you take 50% profit, TP2 take 25% and then Use a trailing stop above TP2 until...
Confirmation was on the higher time frames but a pin point entry was taken. The previous Daily trend line was broken then we saw price retrace giving traders a great opportunity to sell. Indecision has been evident on "4H" as we can see on the smaller time frame we can potentially see a break out to the down side
It's seen better days but it's bound to rise up again. It's been slowly pulling back over the past few months and while it might decline a bit more it will definitely pull up right after.
EURUSD Head and Shouldersformation.
Looking at the chart of EURUSD and I see a big bearish channel. You might have a look as well. The target that I assume we will hit is 1.08, give me your views.
Hello Traders, I have a larger time frame analysis of EURCAD (related link) that shows an overall bearish move looming in the horizon. Nonetheless, this is a great set up for a bullish move to the upside followed by a reversal back down. The level I am paying most attention to is point D of the AB=CD pattern. I am looking for this pattern to complete the full...
I'm sorting this pair and its clear on the charts why.
Safe and Successful Trading!
EURUSD will continue to go bearish on the trend line. Once trend break will continue to go down to the second target.