Just an idea and trade at your own risk. EUR/USD is still bearish on all timeframes (Daily, Weekly, and Monthly) and still has a possible target to be reached 1.10.
Just an idea EURUSD to continue its uptrend correction towards 1.17
EURUSD has returned to the bottom of a major channel which is still intact I expect price to just return to the channel and continue bullishly from this state
Because i have nothing to do. but when i play Cryptos i have the choice to Play in USD or Euros. My choice for now is Euro. - Euro broke a 12 years downtrend (2008 to 2020) - Dollars printing machine is burning with Covid as results : - More Dollars than Euros printed = Euro Stronger. - Forex Trend can change with FA ( politicals blablabla / Economic War / etc...
EURUSD (long-term) €vs$ There’s a downward double zigzag, which is supposed to be wave (2). Previously, we have a massive advance in wave (1). In this case, we might be at the early stages of wave (3) of ((C)), as shown on the weekly chart above.
EURUSD will continue its uptrend. A wonderful pattern has occurred in 4H 🤑🤑
Not a professional just sharing my trades for rep hope its useful for someone. Follow at your own risk :)
Euro followed perfectly is downtrend from 2008. Rejections on Red Circles : - ATH 1.60$ (2008) - Rejection Fibo 78.6 at 1.50$ (2008) - Rejection Fibo 61.8 at 1.40$ (2018) - Rejection Fibo 38.2 at 1.25$ (2018) - Rejection on Trend at 1.20$ (2020) The demand is is growing around 1.14$. if this correction is correct the next Leg after a breakout will push...
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TP: 1.175, 1.17, 1.165 SL: 1.194
TPS: 1.19, 1.2, 1.21 SL: 1.14 Risk: 0.01 by every 1k in your account
OUR VIEW OF EURUSD, POSSIBLE BULLISH CONT. TO THE 1.20'S MA'S CROSSED UP WEEKLY PRICE CLOSE REJECTION OF THE LOWS BULLISH PRICE PATTERN SHOULD THE OPPOSITE OCCUR, AND A BEARISH TREND BEGINS THEN WE WILL LOOK FOR A RETEST OF MARCH 9TH HIGH 1.15 (THIS CAN HAPPEN LATER) FEEL FREE TO COMMENT BELOW...
The pair has been moving on the Fibonacci channels that it has created for a long time, and has touched a Fibonacci 0 channel again from last May. From here on, we can obviously expect an uptrend. However, it must first break the falling trend line. If prices break this trend, we can see 1.24 first and then 1.36 levels. However, if the falling trend line is not...
Early this week the market can test 1.1630 and later bounce for a few days to form a signal for sellers. There is no need to hurry and pick up a trade now. Let the market do its thing and form some pattern to get clear entry with a good risk/reward ratio. The main reason for potential weakness is the bullish setup in DXY. I made a post about it. Below you can see...
IT appears we are going to go to 1.1375 and possibly 1.1412 is not confirmed yet but certainly im looking to increase my shorts upt to 1.1488 this looks like the top end before a Trend Reversal back dow to 1.1050
In this 4-Hour chart, Head and Shoulder is formed. The market has a higher chances to break down after a certain hike till the both levels marked as Retracement Zone.