Monthly supports and resistances Elliott Wave analysis
I am providing an update regarding our last position, and we are still waiting for the price to gather more liquidity for a downward movement. Our analysis has identified two supply areas that may serve as favorable positions to short EURUSD. However, it is imperative to ensure the presence of reliable confirmation signals before taking any such position. Please...
The EUR/USD currency pair is showing signs of a rebound towards the key psychological level of 1.1000 after a notable decline, which marked its most significant daily loss in a month and a half. The current rally is being aided by a recent pullback in the US Dollar, triggered by a general improvement in the market's risk sentiment, and anticipations regarding the...
After yesterdays strong drop, bears are gaining momentum, I expect price to retest price at 1.10176 before continuation lower. Targets below 1.09154 stops above 1.10343. Mind risk and use proper money management. EU is longterm bearish.
Hello, according to my analysis of the euusd pair. There is a high possibility of a rise, with the price retesting a very important support area. At the level of 1.09200. And a strong correction on the golden ratio of Fibonacci 61% for this corrective wave..Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to...
Here’s an interesting chart: the inflation differential of the US and the EU plotted against the EUR/USD pair. If we approximate the range of the inflation differential with an upper bound of 1.5 and a lower bound of -0.5, we get a compelling signal for trading the EUR/USD pair. Buying EUR/USD when the inflation differential bottoms has resulted in success 4...
Picture perfect limit short order at the 1H OB, for those that caught it. OANDA:EURUSD Trade well
We have Seen 2 Colossal moves on EU in the last Day. Yesterday was tremendous buys to begin the week as Every Session saw a bullish push up to HTF Levels and Extreme prices around 1.105. For Breakout Traders we saw a Trap near Weekly Highs at Weekly Level 1.1056. Why would you place buys up there without a Daily candle close confirmation above 1.1045 Daily level...
King W. Harbmayg's Journal Entry #17 Day Position Long— according to my criteria, price has successfully: a. triggered the lower coordinate b. tapped into the demand zone c. printed rejection structure all for a trade of 1:5 RR. 2. Performance: (1 out of 5) Confidence— 5 Discipline— 5 Communication— 5
EURUSD is near the MA100 (1d) which has been holding upon contact since April 10th. So far the price is inside the Channel Up. Trading Plan: 1. Buy on the current market price. 2. Sell if the price crosses under the Channel Down. 3. Buy on the MA50 (1d). Targets: 1. 1.11000 (the 1.236 Fibonacci) 2. 1.07880 (Support 2 and MA50 1d). 3. 1.11845 (Resistance...
EURUSD has been in a massive downtrend and it appears we are almost at the bottom. We are currently on the final bearish wave - which is made up of 5 subwaves. We've recently seen a perfect rejection of the 618 fibonacci and we've started the final bearish push. We've seen subwave 1 and 2. We are currently in subwave 3. Expecting 2 more waves and then a major...
Hello,Traders! EUR-USD is trading in an Uptrend along the rising Support line and it went Higher up last time just As I predicted but now The pair is headed down Again to retest the rising Support line from where We are likely to see A bullish breakout Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Welcome back! Let me know your thoughts in the comments! ** USDCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EUR USD is in a uptrend, but is currently at the level close to previous higher low. If it bounces back from there and the uptrend isn't broken, we can enter at 0.382 fib level , at which point price would be 1.1028. The stop loss can be the last higher low , 1.1096. TP1 is set at 1.10965 and TP2 at 1.11654
Bitcoin made strong moves in very brief time frame, while rest of the market almost didn't made any kind of serious move. Having that said and the manifest in price mechanism (80% gain from previous low), in practice 15.500$---->29.200$, didn't made a correction (it fell from 25200 to 19.500$ and regained instantly), which is not considered healthy price building...
EURUSD (H4) making an ascending channel and got rejection from the bottom trend line which indicates it will remain bullish.
SLO @ 1.1065 ⏳ SSO @ 1.1040 📉 +69 pips or +690.00 USD *️⃣ +SL @ 1.0990 🚫 +50 pips or +500.00 USD*️⃣ TP1 @ 1.0975 (shaved 50%) 🤑 TP2 @ 1.0933 TP3 @ 1.0900 ADDITIONAL INFO: 00:00 Reviewing Our Analysis 00:41 We Took Profit @ TP1 🤑 00:59 +SL @ 1.0990 (80m) 01:22 New SLO ADDED @ 1.1015 (80m) 02:30 Boost, Follow, Comment, Join 🤑 Net Equity is @ +69 pips or...