From the begining, I hesitated how it will move, will it be able to get through the upper line of the previous channel (purple line) or it will move in a new channel (blue lines). I suggest to take a look at Elliot Wave pattern built in current small channel (orange lines). It looks like the line 5 is to be done yet. That's why I suppose the EURUSD will be going...
Hi All , Opening a buy on this pair . Small lot . Sl to entry . Many thanks
Hi All , I will opening a sell at 1.13223 . After the Inverse H&S price tends to pullback into support to gather more steam for the upside move , But EUR fundamental Situation doesn't look good for that steam , As started in my very first post about EUR , we are still trading inside a downtrend range . TPs and SL marked on chart & as always SL to entry ....
Hi All , opening a buy on this pair . Inverse h&S . Entry on chart and tp marked using price label. TP1 hit on our sell . SL to entry Many thnks
Hi All , this is to explain my post on EU Sell trade . as you can see price is within a range and we have sold from the top of the range where we have the right shoulder of an inverse H&S forming . Earlier today we could have TP with 15-20pips but we didn't as i reverse to my sl and give it more room for this analysis to play out . There's a possibilities of a...
The pricing is caught in a slow negative channel. 1.18 - 1.14 currently. The drop has been painful for trend traders who can't get a lock on this activity. There is a long-term price projection in the channel of 2017 lows (near 1.0480) We have been in a bear situation with the EUR/USD since May 2018. This isn't going away just yet. A monthly close below 1.11763...
Expect EUR/USD H4 going down.
Analysis: 1. Daily trendline broke and retested. 2. Daily resistance retested. 3. Daily Fibo 38% retested. 4. 2H is not showing stop hunts but a clear jump on bullish .
Dear Traders all around the world! If you like my work feel free to leave a like & follow, I'd truly appreciate it! I'm looking for a decent EUR/USD Short opportunity. 12hr downtrend channel valid until here. Within this, EUR/USD respected OTE for swingers quite well. Along with that we‘re approaching a bearish OB between 1.13647 - 1.13975. 200-MA sitting right...
FX_IDC:EURUSD now has two choices to make : 1 . Recover back to 1.129 and get further resistance and a return to 1.11 level . 1.129 is high probability resistance area. Resistance will go up in PRICE as time progresses as it is uptrending resistance. On the 15th of March the level will be 1.1304 2 . Continue down to 1.10 which should act as support. If...
Dear Traders all around the world I'm excited to publish this EUR/USD analysis as it's very naked but still pretty logical from a price-action standpoint. Don't forget to like & follow, so you'll never ever miss any of my analysis! Your support really motivates me to keep going and publish my ideas here! As marked in the chart, we have a 32d cycle from 12th...