3 CONFIRMATIONS AND WAITING TO GIVE THE 4TH ONE AND WE CAN GO SHORT ON THIS PAIR
The market is very heavily overbought, I believe that it's time to drop all buyers. Those who trade through technical analysis will only see a trend upward!
1) I took a short postion to the 61.8 level as target. 2) If I got stopped at the 1.095* level I'd go long with a 60pips target which is around the next Resistance level just above the 1.618 level 3) If the first is a winner I'm gonna wait for a retest to see if the trend is going to continue or not. If not I'll go with plan no.(2) 4) If there is no retest and...
This pattern completed about 4 days ago and there is NO momentum relative to the USD. I don't believe that changes near term with the certain/uncertainty relative to the "political turmoil" of the first world the Greenback represents. SMH! POTENTIAL for a 38.2 retracement of the CD Leg is notable. Anything more would be like expecting to feast on a hot off the...
there is a good opportunity here to short #EURUSD
Greetings, On the chart you see two overlapping gartley patterns of which point D would be at 1.0666, a perfect number for a short. The chart counts two invisible pitchfork tools of which I have only left the intersecting trendlines at D. These pitchfork trendlines are the dotted blue and dotted purple lines. If requested I will post the chart with the...
Anyone interested? A few pips left to enter into the zone. Anyway Daily CS look so strong bullish one, but the zone could give a short retracement before continue the move. Trade at your own RIsk. Happy Trading. I will look for short soon... good luck
Take Entry @ 1.07050 Take Profit @ 1.0660 Stop Loss @ 1.06500 Best of Luck !!
I believe, EU is looking for 423.6 to complete bearish move. I will find BUY position in that area... but NOT NOW. 100 pips to go...
EURUSD 1D Resistance:1.066000 - 1071000 -1073000 -1076000 -1.081000 Support: 1.058000 - 1.046000 This is not investment advice
THIS IS MY ANALYZE ON EURUSD SHORT TERM AND LONG ONE ! AFTER NFP RESULT AND UNEMPLOYMENT RATE THE PRICE DIDN'T MADE A BIG MOVE LIKE IT WAS SUPPOSED TO SO IN THE CHART WE SEE BREAK OUT AND RETEST AND ALSO HEAD AND SHOULDER FORMATION SO I AM GOING SHORT ON THIS ONE ... TRADE WITH CARE AND RISK MANAGEMENT
Simple price action trade. A Bounce off the Daily trendline, continuing the downtrend with a safety option for a long if price decides to break out of the daily downtrend. Short entry just below the Daily trendline 1.06838 Long entry just above the previous swing high 1.07800 Waiting on another possible retest of the Daily trendline before short entry.
EURUSD 4H Support:1.04250 - 103650 This is not investment advice
We are longing this pair based on : - Divergence in RSI 4hr time frame - Broken trendline - Close to Major Weekly support - Close to Channel support