Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #EURUSD.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
According to the above labeling, this currency pair is on the verge of falling in the form of hypothetical wave C or 3.
If the wave structure of wave B is recognized correctly, you can expect a fall.
This is just an analysis and idea of future price movement..
Very interesting price level currently we could see a intraday reversal with the start of the US Session also a bigger swing up good potentially be in place depending on how the daily candle will close today.
Hi everyone!
Trend is bearish on intraday chart and an approach around 1.07 area is possible. Having said that, on 1H chart the pair remains under pressure as long as the Price Action stays inside the descending channel. From a technical point of view, it is possible to form a harmonic structure or a bearish impulsive structure with Target around 1.07 area. A...
A bullish Butterfly and Bat patterns is formed on the EURUSD pair. Price have entered the price revesal zones. We might see a reversal towards the prices highlighted on the right.
EURUSD made a direct hit at the bottom of the long term Channel Up pattern. This is a Higher Low on the upward sequence and the slightly red 1D technicals (RSI = 39.887, MACD = -0.004, ADX = 31.250) historically indicate within this pattern that this is the lowest risk buy entry.
In addition, the 1D RSI made the Higher Lows pattern on the S1 zone, which is...
EURO vs US DOLLAR is hovering near the Major Trendline. If hold, Euro will bounce up . A clear close below it will clear the path for a deeper downside move.
✅EUR_USD is retesting a support level
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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On GBP/USD, we have a bearish setup with the price breaking through a swing low at 126.50 and 126.60, as well as forming a swing low around 1.2560. Therefore, we have all the conditions to look for a long position on Monday at the opening of the London session. A bullish entry that could take the price towards the marked box, which initially serves as support and...
As per the title, I find a nice Short trigger on the main currency pair.
Observing the weekly chart, according to my way of seeing the market, the bearish structure begins in the week of August 21st (highlighted by the purple candles through my personal LuBot indicator).
The current week, it has formed a pinbar with a higher high than the previous one, thus...
Hello,Traders!
EUR-USD keeps falling down
So I am bearish biased
Mid-term, however, the pair
Has reached a horizontal
Support level of 1.0768
And failed to break it on Friday
Which means that the sellers
Are unsure of their strength
Thus, a local rebound on Monday
Is quite likely to happen
Buy!
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FX:EURUSD is testing the support of the global price channel from W1. On the local timeframe there are also preconditions for a possible bullish reaction to the support area.
Globally, the currency pair is still in a bullish trend, now the price is testing the support of the ascending price channel. On the local timeframe we see a breakout of the resistance of...
Hello Traders Investors And Community, welcome to this update-analysis about EURUSD where we are looking at recent events, the current price-structure-formation and what we can expect the next days and hours from EURUSD . The last time I mentioned this pair we I forecasted the huge bullish trend which brought EURUSD from almost 1.1 to its high at 1.41 with a...
Hello Traders Investors And Community, welcome to this update-analysis where we are looking at the EURUSD, the recent events, the targets which were reached, and what this means for the further development of price-action to look for possible profit-opportunities. The major triangle I mentioned in the previous analysis which was build up in EURUSD finally...
On GBP/USD, it's possible to observe that the price is currently in a state of total uncertainty, positioned precisely between two very strong zones. The first zone is located higher up, where a decline could be anticipated, and the second zone is situated lower down, where a long position could be considered. This setup has been executed by following swing low...
Hello Traders
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
✅EUR_USD broke out of the
Falling wedge and the breakout
Is confirmed so we are now
Bullish biased mid-term and
A move up is to be expected
LONG🚀
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