Pair is trading just over the bottom of the channel. It tried to push up a few times but was pulled back down at every attempt to go higher (wicked off 3 times). It looks like a bearish flag about to break. Just opened a short position, my SL triggers if a 4H candle CLOSES above the flag.
EURUSD made a double touch at the bottom of the Channel Down. Every previous test of this trend-line has been a buy opportunity. This time there is even a strong Bullish Divergence on the 4hour RSI, same as on the July 28th Low. Buy and target 1.08400 (+1.43% rise and possible contact with the 4hour MA200). Follow us, like the idea and leave a comment below!!
Hello Traders! On The Daily Time Frame The EURUSD Price Reached A Support Line ! Currently We Have 2 Scenarios: Bullish Scenario📈 If the price breaks and closes above Resistance Line ! We Will See a Bullish Move📈 TARGET: 1.09780🎯 Bearish Scenario📉 If The Market Breaks 1.08336 Support and Closes Below That I Will Sell in a Retest... TARGET:...
SLO2 @ 0.7075 ⏳ SLO1 @ 0.6985 ⏳ TP4 @ 0.6940 TP3 @ 0.6780 TP2 @ 0.6680 TP1 @ 0.6530 BSO @ 0.6375 📈 BLO @ 0.6285 ⏳ After a +700 pips profit towards the downside, we are ready to rock towards the upside again.
EUR/USD Continues Its Downward Spiral Amid Economic Woes Introduction The EUR/USD currency pair is on a downward trajectory, with the euro taking a hit as it hovers near three-month lows. This decline comes as the European Central Bank (ECB) maintains a silence period ahead of its upcoming monetary policy meeting. While the eurozone grapples with fears of a...
Following the previous analysis, the Euro has activated Sell Short positions by reacting to the specified QM level and then decreased to the weekly demand area. Now, considering the engulfing of the Major SR line and the formation of the FTR area, there is a possibility of a trading range between this area and the weekly demand area. Due to the price being...
The EURUSD pair hit yesterday the bottom (Lower Lows trend-line) of the Channel Down that started after the July 27 High. As the 4H MACD is about to form a Bullish Cross, this emerges technically as a buy opportunity on the short-term. Our target is 1.0850, just below the top (Lower Highs trend-line) of the Channel Down, marginally below a projected +1.42% price...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a short time ago rebounded down from the 1.0900 resistance level, which coincides with the seller zone to the support line and at once bounced higher than this level. Then the price fell below and started to decline until to 1.0765 current resistance level,...
Hey guys, my name is Reza, thanks to follow my idea. Description: we can find Bearish Order Block on 15m. Also, this chart has 2 other OB (Bullish OB) that shown with Green Zone. I see RSI14 Bearish Divergence on chart. To find TP levels, I used Fib Ret. Drow VP on last movement. High potential level is 0.85361 (close 0.85364, 23.6% Fib...
EURNZD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.83561 which is a swing-high resistance. Stop loss is at 1.84800 which is a level that sits above the 127.2% Fibonacci extension level and the swing-high resistance on 21st August. Take profit is at 1.81010 which is a swing-low support...
Hello Traders! The EURGBP Price Reached A Resistance Level (0.86030) and 0.618 Fibonacci Retracement Level ! Currently, The Price Failed To Create a New Higher High 📈 Moreover, The Support Line is Broken ! So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 0.85150🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined below $1.0900 resistance level, where it entered to flat. But after price tried to rise higher resistance level, it failed and made strong downward impulse to $1.0770 level. Also, Euro bounced from $1.0770 level and made upward...
EURAUD reached a key daily resistance. The price formed a double top pattern on that on an hourly time frame. The neckline of the pattern is broken. I expect a retracement to 1.6807 / 1.6786 ❤️Please, support my work with like, thank you!❤️
FX:EURUSD OANDA:EURUSD Hello Traders, please check out my previous ideas. Continuing from the previous analytical scenario, if the euro stabilizes above the yellow zone, the price can climb up to the pitchfork midline. In the opposite scenario, if the price does not follow the conditions of the previous scenario, the price can fall to around the red...
EUR/AUD remains within an established uptrend on the daily chart, and a 3-wave countertrend move has formed. It is trying to build a base above the 50-day EMA and July high, which paints a near-term bullish bias whilst prices remain above 1.66. We're not yet sure whether we're at or near the end of a 3-wave correction, or if this is simply the first leg lower...
EURUSD made a direct hit at the bottom of the long term Channel Up pattern. This is a Higher Low on the upward sequence and the slightly red 1D technicals (RSI = 39.887, MACD = -0.004, ADX = 31.250) historically indicate within this pattern that this is the lowest risk buy entry. In addition, the 1D RSI made the Higher Lows pattern on the S1 zone, which is...
Hello traders! Tomorrow is Australia rate decision. After the meeting, if we see the trend-line is broken, we'll set some sell orders around the level.
EURO vs US DOLLAR is hovering near the Major Trendline. If hold, Euro will bounce up . A clear close below it will clear the path for a deeper downside move.