#EURUSD Continuing to focus exclusively on short positions. The imbalance above remains untouched, and London is forming equal highs with Asia. It's clear they will take it back; the only question is when. Any long positions are invalidated for me at the moment.
Price could bounce off from our buy entry at 1.0896, which is a pullback support, aligning with the 23.6% fibo retracement and 100% fibo projection. Our stop loss is at 1.0840, which is below the 38.2% fibo retracement. Take profit is at 1.0967, which is at the swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
After turning overbought on the 1D time-frame (RSI = 68.344, MACD = 0.008, ADX = 40.692) EURUSD made a HH at the top of the November Channel Up and got rejected. We expect a pullback all the way to at least the 4H MA50, and as it is confirmed by a MACD Bearish Cross, we are already short and targeting a little over the bottom of the Channel Up (TP = 1.08425). See...
Hello traders, Today we have EurUsd and I believe we are going on a short soon. Let's watch the Weekly and Daily resistance area if will support short and reject the price to send it back down to Sellside liquidity targets.
Preferred direction: SELL Comment: Sellers prevailed in gold and such domination is expected in the short term. There is a high probability that we will still go below 1965. We highlight two scenarios for ourselves, both with sell priority. The first option, which is also the most likely now for this instrument, is a fall from the current ones to the level...
1D timeframe. We have reached the main target on the daily timeframe since the last review. The context remains unchanged, namely, we are in a strict long movement. I would like to see liquidity removed above, after which I would like to work with the imbalance formed below.
Good morning, traders! Ithe EUR/USD pair has recently reached what we perceive as its peak, prompting a strategic decision to lock in profits. Despite this cautious move, the sentiment remains bearish on EUR/USD. The possibility of a bullish market shift, particularly if market makers decide to push toward higher targets, is acknowledged. However, for now, the...
#EURUSD After yesterday's impulsive movement, the price, without touching the PDH, started moving in a short direction on the lower timeframe. On the chat, I noted liquidity work (covering imbalances, working with fractals). It's important to note that the context on the hourly timeframe remained unchanged despite the emergence of short movement. At the opening...
EURUSD reached and is getting rejected at the top of Bullish Megaphone pattern. Technically every rejection inside this pattern has seen at least a 0.382 Fibonacci retracement. Trading Plan: 1. Sell on the current market price. 2. Buy either on the MA50 (4h) or after a -1.35% decline is completed. Targets: 1. 1.07980 (the 0.382 Fibonacci retracement level). 2....
CPI DATA RELEASED !! Bad news is Good for the market Dollar Drop. Time to Sell Now Place one Trade and be patient !! do not over LEVERAGE Do not over Trade Trade is Simple JUst FOLLOW THE RULES !! CAFE CITY STUDIO 2024 STOP LOSS 1.0910 TP 1 (1.08) TP 2 (1.0750)
The EURUSD pair reacted extremely positively on the lower than expected U.S. CPI, naturally so and crossed over the 1D MA200 for the first time since September 1st. The 1D technical outlook is almost overbought (RSI = 69.156, MACD = 0.004, ADX = 16.674) and even though some relief pullback is to be expected, this rally should complete by the end of the month a...
#EURUSD UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. EURUSD is forming s bullish flag pattern in the LTF, Also in the HTF, bullish trend is continued. We can take a long position if it break above and retest the resistance as a support. We can get up to 30+ pips profit from this...
#EURUSD Update would like to see work with liquidity lower to confirm OF with targets of London High, but provided that the price is not fixed below
Hi viewers, EURUSD in last periods strong bearish. On EURUSD expecting to see changes in trend, currently price is on zone, exepcting to be break in next periods and bullish continuation TP1: 1.06900 (110) TP2: 1.07500 (170) TP2: 1.07950 (215)
💬 Description: The extreme trading idea for GOLD exactly reached its target at the level of 1948.160 . On a larger scale, a continuation of the decline is considered. Before this, however, there will most likely be a slight recovery with the goal of growth towards the upper limit of the current range at the level of 1997 . The transaction is exclusively...
EURUSD is going downtrend this month to 1.05725 level. After testing this level we will take another look and get new signal. Follow To Get Next Signals
EURUSD / 4H Hello Traders, welcome back to another market breakdown. EURUSD has been trading in a down trend, The price now is stuck inside a trading range where the breakout can happen at anytime. 50% for bulls and 50% for bears. However, I'm still keeping a bullish bias on the dollar for now until proven otherwise. I'll wait for a deviation above old highs...
💬 Description: Gold continues to maintain strong bullish potential, but this is more about the medium term. In a more short-term framework, there is even a “need” for a rollback to gain liquidity, and after that, it will be possible to assume further movement with more data. It looks unlikely to update the highs from current prices; there is no “fuel” for this....