the price is currently in the support area, but for the time being there is no bullish candle as a sign of strengthening or continuing the bullish trend. there is a possibility that the price will go down first to the SnD area
Here we look at the EURUSD currency pair. It's evident that it has significantly surpassed its average trading range and reached a crucial resistance level in both monthly and weekly charts. The question arises: Will this rally continue or will there be a pullback from its current position? As it is Friday, the actions of smart money can unpredictably influence...
EURUSD is decelerating at resistance levels, meaning candles are getting smaller, the strength of the bullish move is decreasing. We have the channel border and the resistance level. As you can see, the resistance was rejected. We expect a retracement. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURUSD is approaching the major psychological level at 1.13000 by completing the AB=CD pattern. The market is near the fibonacci extension levels and channel border. We had 6 consecutive bullish days, and we should see some retracement because the market can't go up in a straight line. We expect a bearish move; all confluences tell us that price could make a...
I am long on it. I am not seeing much strength in DXY. As US successfully decreased there interest rate to 3% which is big success for US. I think DXY will continue to be fall.
EURUSD is decelerating while approaching the resistance level. If price action prints a double top, the market might retrace from this level. On the 4-hourly timeframe, the market is in overbought territory. We anticipate a short-term bearish move; all confluences indicate that the price may pullback. It is going to be a structure-based...
"We have broken out of the 1.11 level, with the price showing signs of being excessively overbought on the lower timeframes. As we approach the weekly swing high from 2022 at 1.118, we can anticipate a short-term retracement below 1.11. Therefore, I am currently seeking a short-term selling opportunity, watching for signals on my TRFX indicator above 1.115. My...
assuming that currently wave 3 is formed, with the theory that wave 3 is not the shortest wave, then we take the assumption that wave 3 has the same wave length as wave 1. then the wave 3 target is still a few pips away since this analysis was made. You can place a pending buy limit order at the SR Flip area in the blue box below.
EURUSD is trading in an ascending channel. The market is approaching the psychological level at 1.12000. On the 4 hourly chart, we can see the market is overbought and has an overextension. We expect a bearish move in case the market prints a false break that will indicate level rejection. ------------------- Share your opinion in the comments and support...
🔘Broke the structure on the 4H timeframe 🔘Broke the structure on the 1H timeframe (confirmation) If we broke market structure on the 1H timeframe I think we we'll go a little lower before growth, but if we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️ Good luck 🙌💪
EURUSD is trading in an ascending channel. The market is decelerating at resistance levels, meaning candles are getting smaller. We have the channel border and the resistance level. As you can see, the strength of the bullish move is decreasing. We expect a bearish move; all confluences tell us that price could make a pullback. ------------------- Share...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
The past two days have been wonderful personally, having caught a 14RR move on Monday and now catching a 10RR move on Tuesday. EURUSD has been long for a couple of months and all I have done is to wait for bearish retracements and look to position myself into longs to continue its bullish push. This trade is a product of patience and understanding, you can see all...
EURUSD rebounded from the support level by breaking previous highs. The market is trading in the ascending channel. It closed above the psychological level at 1.1000. Price created fibonacci inversion at the border of the channel. We expect a double bottom formation or false break at support to confirm that bears have run out of...
although the HnS pattern is formed, the price is not necessarily bearish, if you look at the a-b-c-d-e pattern that occurs, this is a complex correction. it is likely that the correction has been completed and now the price is returning to the impulse. you can take the opportunity to go long when there is a correction.
EURUSD market broke the descending channel and made a sharp bullish move following economic news. Price making higher highs and higher closes, and it's approaching a major resistance level. We expect a pullback to the support level and a long opportunity from it. Breakout, pullback, and continuation. ------------------- Share your opinion in the comments and...
6th July daily key reversal bar dictation for strength ahead for eurusd. 7th July daily insurance bar further confirmation for strength ahead. Demand zone for long 1.0900-0870. sl 1.0850, tp 1.1000 & 1.1035.