Breakout-pullback
US 100 Analysis Price action
support and resistance
market structure
impulse wave
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break out
The next sell levels on EURUSD On Friday we had a bullish impulse on EURUSD that took price to 0,9966.
This move will most likely continue towards 1,0050.
These will be the next levels where we want to see rejection i potential selling opportunities.
This week, we have important news that are going to affect the market again.
Does Gold doing wave C? part 3According to a previous post, Seem wave A may be an X wave, and the b correction was finished, So the bigger picture may be a Zigzag, To enter the Sell/Short position wait for the breakout/pull back, Confirm by price action (If I was correct, The price should go further to 1562$, the normal Zigzag target, but truncated can be happen too.)
OANDA:XAUUSD
Important week for EURUSD This week, we have FED Interest Rates.
This is the most important event for the market right now!
We're probably going to see big fluctuations in price and the best opportunities will be after the news on Wednesday.
One option is to wait for EURUSD to go near 1,0090 and see if there will be a rejection during the news.
If price action confirms the entry, then that will be a great setup.
We're not sure if price will rise and reach that level so we don't recommend looking to buy immediately!
Is it time to sell EURUSD?EURUSD rejected the sell zone on Friday.
Now, we could see the beginning of the next downside move.
You can wait for a confirmation which will be a breakout of 0,9731.
However, selling right now is not yet confirmed as we can easily see price going above 0,9854.
The direction is still to the downside and we are only looking to sell!
EURUSD on hold before the news EURUSD is rejecting the resistance zone but it looks like it is going to wait the news tomorrow.
Before that, it could continue trading sideways without forming lower lows.
You can look for aggressive entries on the rejection or wait for further confirmation for more conservative positions.
Here We GoHi everyone,
In my last post, I was explaining how we might still be bearish and how we might make a pullback to the upside for BTCUSDT.
Looking at the price, we just broke above the trendline shown above which represents the resistance for the area of consolidation. In other words, we are looking at a breakout.
Since we are retesting the higher time frame (H4) previous highs, I am really interested in the 21100 level, where we might see some consolidation. The main reason I think this would be an important level is that it is in confluence with previous H4 lows above the price we are at right now, as well as the 0.382 Fib level considering the last upward move and the 0.5 Fib level considering the last downward move.
The direction of the trend will be determined by the breakout from the next consolidation level.
When to sell EURUSD? Yesterday, EURUSD continued trading sideways without being able to break below 0,9955.
Today, we are expecting another push down and for price to eventually reach 0,9880.
The best entry signal would be a push just above 1,0024 and then an immediate drop in price.
In case we see a rejection wick above the previous high that would give us an entry signal as well as good risk to reward ratio.
EURUSD before ECB Today ECB will increase the interest rates. This is the only certain thing.
It's more important by how much and also when will they do it again.
Any moves on EURUSD will be based on this information.
If you're looking for the best setups only then it's probably best to wait for the news and then look for positions!
We are expecting for price to continue lower in the long term but it's also possible to see spikes around 1,0100 in the short term.
EURUSD sells We shared our sell zone yesterday and also saw the reaction from it already
Today, we may see another test of that same area and rejection again.
That means, we may have another chance to sell.
The target remains below 0,9900 but right now you can leave it as an open take profit. Once the move begins, then we will be able to determine specific targets.
Also, today is the Jackson Hole Symposium, which could lead to bigger fluctuations in price!
EURUSD sell zone Yesterday, we said that the pullback has already started
Today, we will see when is it going to end and the potential sell zone.
What we want to see today is another push higher to 1,0027-1,0101.
Once we see price around those levels, we want to watch out for possible exhaustion in price and that will give us a signal for potential short positions.
Targets will be below 0,9900. Once we see that reversal to the downside, we then will be able to determine specific tp levels.
A new low on EURUSD Yesterday we saw a breakout of 0,9950! Those are historical levels for this currency pair but that doesn't mean we shouldn't be looking for further continuation down.
We are now expecting to see price even lower. The next target is 0,9900 and basically the round numbers after that.
Entries could be made with aggressive stops and after any small pullback.
You don't even have to use a fixed TP but instead, you can have an open target and just move stops into profit every time price creates a lower structure.
S&P 500 Possible Gap Fill Based On Price Action OnlyDescription: According to historical price action market data market like to fill gaps from 2000 to 2003 and from 2007 to 2009 and 2019 to 2020 as you can see all previous gaps was filled, but this gap has been never fill and now is possible to be filled. The same price action is on others index and stocks
Possibility but is not guaranteed: If all this index and stocks decide to fill all this gaps the following is possible to happen but is not guaranteed
3 Examples: Dollar Index: 35.34% UK100: 75.64% Apple: 92.51%
Examples: You can use Facebook and PayPal as an example or historical price action market data as examples for a gap fill which happened this year.
Warning: This is not a Financial Advice nothing is guaranteed I am not a financial expert or financial adviser I only share my opinion
EURUSD with another test of 1,0121We are expecting another test of the support that the pair couldn't manage to break below the first time.
If it makes it this time, then it will confirm the idea for a downside move.
In case of rejecting the support again, then we will expect another move back to 1,0200 and another test after a pullback.
Right now, we don't have any clean opportunities here on EURUSD and that's why we prefer to look at other instruments.