A bearish channel is evident on the daily chart. There's a clear zone marked on the daily chart. Additionally, a short-term bullish channel is noticeable on the daily chart. Upon examining the 1-hour chart, we identify another broken zone, indicating a potential entry point for the trade
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), EURUSD rejected our blue circle zone and traded higher. What's next? 📈 EURUSD has been overall bearish long-term , trading within the falling wedge pattern in red. Currently, EURUSD is approaching the upper bound of the...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08000, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08000 support and resistance area. Trade safe, Joe.
EURUSD is moving above an ascending trendline on the 4-hour timeframe and currently retesting this trendline. Considering the situation of the Dollar index and the possibility of a downward movement in the Dollar index, we can expect a bullish move from this range. 📈💶
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURUSD has been overall bullish short-term, trading within the rising wedge pattern in blue. Currently, EURUSD is hovering around the lower bound of the wedge pattern. Moreover, it is retesting a strong support zone in blue. 🏹 Thus, the highlighted blue circle is a...
Hello hello, I am anticipating TWO possible scenarios. For context, you would have to know ICT's Concepts, particularly Time & Price Theory, Price Delivery Continuum, and the PD Array Matrix. Sounds fancy shmancy, but it isn't, it's actually quite beautiful. Anyway, the TWO scenarios are: 1. Price comes up into the RED circle area. We have a large inefficiency...
This is my Intraday analysis on EURUSD for 2 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Market sentiment is mixed following the Federal Reserve meeting and Powell's speech. The US dollar initially strengthened after the Fed, but then weakened as...
As mentioned in my previous analysis on EURUSD, what I was looking for came to pass. The large swing move did not occur yet, so i'm anticipating one more spike up higher before we head to the downside. I have a few things leaning towards my short bias: 1. Seasonal tendency for the USD is stronger. This is suspect for XXXUSD pairs to be going up. 2. May's...
Price is rising towards a resistance zone which lines up with the 50% Fibo retracement. A rejection from this level could lead the price to fall to the downside. I'm bearish biased.
This is my Intraday analysis on EURUSD for 1 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment A day the markets awaits loaded with high impact news events. Starting with US ADP, Manufacturing PMI, JOLTS Job Openings and ending with Rate Decision and...
I'm going to start from the yearly timeframe and work my way down to the monthly, weekly, and lastly the daily timeframe. Here on the yearly timeframe we have price coming into a yearly SIBI a couple of times before displacing down into a yearly Sibi. After which, we have a close above equilibrium, and the subsequent year came up into a yearly Breaker (Body)...
EURUSD held the 4H MA50 (blue trend-line) as Support both today and on Friday and is rebounding. This is a short-term Bull Flag within the 4-month Channel Down pattern that is targeting its top (Lower Highs trend-line). As per the previous Bullish Leg of the Channel, we are targeting the 0.618 Fibonacci retracement level at...
This is my Intraday analysis on EURUSD for 30 April 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment Sentiment from Monday (April 29th) could carry over to Tuesday, depending on the outcome of Eurozone data releases (CPI, GDP) and US ( Consumer...
Traders, Here's our analysis across different timeframes: Daily Chart: Strong bearish sentiment prevails, supported by a bearish channel formation, signaling potential long-term bearish trajectory. 4-Hour Chart: Consider the high of last week as a prime level for short positions. However, be prepared to switch to a bullish outlook if this level is...
This is my Intraday analysis on EURUSD for 29 April 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment 4H Chart Analysis 15m Chart Analysis Market Sentiment No major economic data releases are scheduled for Monday, limiting significant movement in the pair. However, the intervention in JPY leading to a USD...
Starting off as we do most weeks with EURUSD we gave out this idea way back at the start of this month and we are finally starting to see price line up with our bias, now of course as always we are waiting for an idea we have to line up and provide context tot the higher time frame move to then allow us to trade on the lower time frames, this is now in play from...
Here is my latest structure analysis and support & resistance levels to be focused on EURUSD next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
This is my Weekly analysis on EURUSD for 29-3 May 2024 W18 based on Smart Money Concept (SMC) which includes the following: Market Sentiment Weekly Chart Analysis Daily Chart Analysis 4H Chart Analysis Economic Events for the Week Market Sentiment Potential EUR Upside: Weaker Dollar: The recent US economic data, particularly the lower than...