See chart. Please note this is the daily chart and market will retrace several times before hitting the level identified in the chart.
Please note that this chart is an opinion based chart only. Please trade at your own risk
In my previous post, I supposed that 13 months long correction finished and new EWA cycle has started at EURUSD and today chart confirmed my idea again with unbelievable daily and weekly bullish candle, which confirm that we gonna go to bullish trend :)
Chart finished to develope 1 and 2 waves of new Intermediate cycle inside 1 wave of...
We see that price is in confluence with the Trendline and 61.8% on Fibs
The Highest price can go is about 50 pips higher @ like 1.14 for the major SL
So with a 250 Pip TP and 50 pip SL
The Risk to reward is well worth it.
I will be entering again when I see another break of support and retest of the broken support on the M30 then look for the bearish...
EUR/USD expect long term boom. it is going to uptrend with all next week calendar upcoming events.
What Is an Investor, its a full of answer. An investor isn’t any individual or other entity (for example, a business or mutual fund) who devotes funding using the anticipation of acquiring fiscal yields.
EURUSD price action have been trading in a quite narrow range, price has almost reached the prior lows where I see convergence developing.
Looking 1.1176 a good area to build long positions with a 50 pips stop, targeting 1.1338 area.
Hello guys thanks for visiting my analysis. Enjoy the video!
SUMMARY: The plan is to SELL EURUSD for this week, since the price has created a new LL point (Lower Low).
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watch top for sell on EURUSD. if you are like me you could set up a sell stop and wait for the trade to come to you :)
Please use good money management
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Greetings from Vugar.
We compared H4 and D charts in EURUSD, decided that there is good decreasing channel is created.
- What should we do?
* Wait for upper border of this channel and sell from the top.
* Wait for the breakout of this channel to downside and sell massively.
In both case we have to wait yet. EURUSD may be dangerous nowadays.
This may be a trend reversal or just a retracement before market goes back down again because as we can see, market hit the resistance zone. You can buy in again either at the first Buy level identified on the chat, wait for it to reach the B leg or actually buy in at the top line of that support level drawn out OR you can decide to wait for market to go lower...
Hello everyone. As you may know, this channel has been updated.
At first, this channel was run by 1 person. From now on, there will be two persons who will run this trading group: t.me
What can you expect from us?
-A watchlist video. This will be uploaded every Monday in the morning.
-Trade setups. We only share high probability trade setups.