Good evening, guys. In this technical analysis, I want to refer a EUR/USD to continue sell off. Well, the trend it's was confirmed and I know that this is a bearish scenario. So, in that I see a possible retrocement of 0.618% of Fibonacci to later to go to drop until the price of support of $!.1110 USD approximately. And also, there are a bearish divergence in the...
Pattern: Channel Down on 4H.
Signal: Bearish as long as the 4H MA50 is intact and the Support 1 breaks.
Target: 1.11250 (just above Support 2).
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This is the setup for sell limit or if you want to sit and watch the market.
About this setup, why did I sell at the top like that.
* In trading, waiting is important.
1. current price is falling but facing strong resistance (horizontal bar) but it has had 4 times to touch and rebound.
2. The yellow trendline has 2 touches and if touching again it is likely to...
in EURUSD 240 min chart there is a pattern like head and shoulder. Maybe uptrend is tired maybe not. We can confirm pattern only down 1.1200, otherwise dollar weakness will continue breaking right shoulder.
Hello guys and good evening. So, in this technical analysis we see that EUR/USD has completely the chartist pattern Shoulder Head Shoulder. I'm so sorry in my lastest technical analysis, but I did not make a technical analsysi very well and was very late to analalysis then.
So, I hope that EUR/USD is reach at the zone of $1.1243-1.1260 to make a sell of using the...
EUR/USD (EURUSD) is in 3rd subwave of C wave in ABC zigzag move from last major top. It has completed A impulse followed by B zigzag correction. Wave C is under progress. It has completed (W)(X)(Y) in 4 hr time frame as indicated in chart. In 30 min time frame, it is in C wave or alternatively the B flat correction will be possible, so next move will let us know...
Hello everybody! How are you doing?
As you can see in this chart,
1- EURUSD is touching the strong resistance.
2- The MACD and Signal are touching each other and getting ready for a great and strong downward trend.
3- MFI and RSI are high, so we are having a strong and great downward trend.
I entered the sell trade,
HOPE THE BEST FOR THIS TRADE :)
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my...
This is my technical analysis that tells the story of the behavior of the EUR USD pair
So as you can see it respects a lot the trend lines and the butterfly zones
Please share with me your thoughts about it
The price is forming the Head & Shoulders pattern, which belongs to a reversal group of chart patterns. The market showed a good uptrend. If this pattern is confirmed by a breakout below the key line, it will be a trend reversal signal. The main target for sellers based on the pattern will be at 1.10000 support.
If the price bounces from the key level, the...
Hi guys ! This my view on the 30Min EURUSD chart , so after breaking the S2 that became an R1 we see that the market is on a pull back situation , so it will probably falls down more to 1.11415 , so follow the chart instructions if you're interested and Thank you !
Attention : In case the market find the power to break the R1 so it will probably jump up to 1.13325 !
The price bounced from 1.14000 resistance zone, and it gave a selling opportunity. If you missed the exact sell signals not far from the resistance, it is not a good idea to open short positions right now. The price has made a good downside movement, and it will be better to wait for a pullback and open short trades as close to the resistance as possible.
RSI...
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my...
