EUR/USD Trade setup update: After a 20 pip move up yesterday, anda 20 pip move down today, it's tuff to remain patient with no price action. However, what I've seen is that thursday/Fridays are usually the busiest during the weeks for FX markets right now so don't give up this week just yet! Patience is key this week. I want to make sure it's obvious that when...
Watching 1.1 very closely today for either a rejection to the upside where we can take a long trade, or a break-and-sustain of the price shown in the chart. Being dynamic to either a long or a short entry on a contract for the Euro right now with this structure is key. There are confluences going in favor of both biases, with net short and net long positions right...
We'll be looking for an opportunity to enter either short or long on the Euro dollar early this week, as price has reached a key-level, a retracement zone, an area of supply, and a trendline. We are prepared to take either side of this trade.
1.1 on the weekly showed a well-defined rejection of the now-current weekly support level of 1.1. Down to the daily, an obvious morning star formation on the breakout of the zone we were watching all week for longs. This was an easy setup to take as the amount of demand at the price has been proven. Those who missed our suggested entry last week can use this chart...
We'll be monitoring 98 as support and if broken will trade accordingly.
Hello dear friedns, We have an interesting formation on EURUSD right now. Price gave us a pretty ZONE where people will go for LONGs, this is the place where we expect our provocation to accure. MY SELL LIMIT ORDER IS Sell at 1.11222 Sl 1.11475 (25 lots) TP 1.10170 (105 lots) RR. 1:4 IMPORTANT! Im not predicting the market, and trade will be adapted to the...
We'll be looking for long trades early in the week from EU, which will either be a short term or long term trade depending on how early and easily we can get an entry. As posted last week, our downside target of 1.1 is within 20 pips from current prices. The current long zone shown in the chart is supported by confluences including fibonacci zones and a key level...
See linked chart below,
Looking at the EURUSD daily chart, it clearly shows that it has come to a very important support level. That is a great reason for its purchasing. The stops are relatively small - about 30-40 points, and the profits, in this case, are about 100 points (the nearest strong resistance is located in the region of 1.1160). That is, purely technically, taking into...
SELL THAT BIH 100% retracement.. bearish breakout filled @98 watch it bleed. free game.
We are waiting for bullish confirmation and break of bullish triangle to the upside (current resistence). Our Ultima system already gave us signal but for more conservative approach, we are waiting for break of the resistence. TP is at 1.1208 Our Tradingview analaysis are still 100% correct. bull-capital.com