The current dead cat bounce in the Euro is impressive but is also an opportunity to open a short position in the EUR/USD pair. Price is getting squeezed between the rising support line drawn from 2000 and the falling resistance from the top of July 2008. Good places to increase the short position gradually is right now at 1.128, then the top of the falling...
EURJPY could potentially drop in a long term down trend and this is just the beginning. I have placed an approximate 1:2 risk to reward ratio to accompany any slight retest to the upside.
EURUSD looks like a nice sell at this price point. Its due a rejection and can retest my upper zone in which I have placed a 26 pip stoploss, any further than that then my short idea is probably wrong.
the market will experience an upward trend if we break the green resistance line, so we have a high probability of gain in the market combined with the breakout of the vwap indicator signal buy
SELL EURJPY while its on its down trend, I have made a short term target and a long term target (long term is more accurate).
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K long and short plan, can get rejected at Declining MA so watch for that and go for the short goal if it does dump
Hello Traders, Hope everyone in (CANADA) enjoyed the #Thanksgiving long weekend! Here is our analysis of #EURUSD Price broke key support $1.18000/1.17500/650 We wait for a corrective move to the upside, and look for signs of bearish price action continuation to 1.15 PRICE ZONE Always risk ONLY what you are ok to lose. The Trading Regime. OANDA:EURUSD
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;). Looks like there is more downside coming as on the 4 hour everything aligns in the Ichimoku system for more downside. 1. Price is under the cloud 2. The Cloud ahead is turning bearish. 3. The Tenkan ( Yellow Line ) is under the Kijun ( Dark Blue line ) 4....
Played out nicely next phase coming
he Euro has big potential to go up. This a winning trade today 01 June 2020 . This my today trade on Euro . If you like my ideas support me with a follow , like , share It with your freinds