Hello friends, According to the DXY growing and EUR/USD head and shoulders pattern and touch the resistance in W time frame, I predict that we will see a great falling. Cordial regards.
Hello friends and companions As for the dollar index, I think it will continue to move up after a double-bottom weekly support level. Also, in the weekly, 4-hour, and one-hour timeframes, there are suitable conditions for rising. So with this hypothesis, I would like that you check the EUR/USD and USD/CAD charts. Cordial regards.
This setup is based on wave analysis, we got a break of structure to the up side. Entry points are calculated by fibs and structure probability turning points. IMPORTANT!!! Setup expired once price touches the TP. If there is no pullback and price just goes up to TP Setup is canceled.
Sell EUR/USD As you can see at the chart, trend line has been broken and we have a head and shoulders pattern to confirm the coming sell movements.
Im looking for a re-tracement on the 30 minute chart EUR/USD to 1.2140 Entry 1.2140 Stop: 1.2231 Target 1.2053
EUR/USD buy the downtrend in the up channel is broken and I expect the price will go up to reach target 1 in the weekly chart.
If you want a good profit it's time to catch ! based on H&S and fibonatchi tp is1.1946!
As we can see on the weekly chart, the current trend is marking a deep reversal determined by the rebound on the dynamic trendline of the upper edge of the channel, as well as by the "Head and Shoulders" pattern. It will take many days for the breakout to occur, but for lovers of Positioning Training, this is an opportunity not to be missed! After the breakout,...
Good evening FX traders, wishing you all a profitable week as always. EUR/USD has been making lower highs in the daily timeframe. We can observe price is under pressure under the 5-month resistance from which we hope we can enter a short position with the targets as seen above. **This is just my forecast based on my own interpretation/analysis, you are not...
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After EUR/USD retested Long positions can be enter according to entry price,TP, SL (practice proper risk management according to account size)
Trade Completed. We managed to "catch" the momentum yesterday to end our 1-week trade. Euro slumps as 10 year US yields rise to underpin the US dollar, hence the US dollar soars. Follow me for more ideas and forecasts.