EVERYTHING IS GOING ACCORDING TO PLAN. ** This is just my point of view, you are not obliged in any way to follow it. Follow me for more ideas and forecasts.
EUR/USD has already reached the febs lowest high's support and likely to retest the level at 1.2076 and bounce back! below there's a piles of strong level resistance. opting for a long position as it has already began to form a ascending channel. Fundamentally the US House of Representatives passed President Joe Biden's $1.9 trillion coronavirus relief package...
Good evening, FX traders, breakout has been achieved, we should be waiting for a small retest in the previous trendline and if the confirmation matches our analysis this will pave the way for a short position with a target at 1.19574. ** This is just my analysis and you are not obliged in any way to follow it. Follow me for more ideas and forecasts.
☑️EUR_USD retested the falling support line In a move that was a pullback of the bullish movement And will most likely continue going UP To retest the horizontal resistance level where the move will stall and we might be looking at a short trade LONG↗️ ✅Like and subscribe to never miss a new idea!✅
Now my opinion the price is should go down i am s horting now may be the break out come but reversal is very near soon upto 1.85 FX:EURUSD
The Gartley pattern is the most common harmonic chart pattern. Harmonic patterns operate on the premise that Fibonacci sequences can be used to build geometric structures, such as breakouts and retracements, in prices. The Fibonacci ratio is common in nature and has become a popular area of focus among technical analysts that use tools like Fibonacci retracements,...
Keep in mind the IFO Business climate for Euro Monday 9Am, I'd make a trade shortly after.
Minimum target at 0.85 In 2008 it took 90+ days for a 23+% decline in 2014 305% days for a 25+% decline
Fundamentals - Joe Biden is going BIG on stimulus and US yields are spiking alongside inflation expectations Technicals - The weekly chart has posted a confirmed 'shooting star' reversal - and with today's breakdown is now pointing to a more bearish 'evening star' reversal. The 4h chart shows the short term uptrend has broken - and a new downtrend is opening up.
EUR/USD is looking bullish. before we see a bullish momentum it will retest 1.20000 area and thereafter break above marked key area retest and then form a nice bullish movement. for now it is looking like sells till 1.20000 area.
🔰 EUR/USD - Daily Update 🔰 🔻 EURUSD moved bullish today after a bearish move yesterday, The daily candle closed above 1.2100 🔹 further upside move is more likely from it as the market took ECB positively today
hi some idea about pitchfork and price levels
EUR/USD berpeluang bearish reversal menyentuh support 1.18918. EUR/USD sempat menguji level resistance pada 1.19261, harga berpotensi breakout dan membentuk garis support baru atau akan mengalami pembalikkan trend bearish menembus level Fibonacci Retracement 0.236 dan menguji suppport trendline di 1.18918.