🤑TOP DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: 21-year-old Supported ORDER block is Taped, and after it, prices go up as retracement or corrective move
Monthly: there is one monthly IMBALANCE AREA AROUND 1.0794. It is hard to price reach because of too many resistances between the current level and the monthly FVG
Weekly: price taped with extreme weekly imbalance or...
EURUSD broke the falling resistance
And is now back down to retest
The support confluence of the falling
And horizontal support lines AT 0.99363
Thus I am bullish biased
And I think that a local move up
Is likely to happen on the pair
imma wait for the price to break above the range zone
with a huge momentum not just the break alone imma be waiting for the continuation momentum breaking the resistance zone, the previous structure and above the emas
then imma go to the 1h
1h ; i wanna see an engulfing candle
and a previous structure to put my SL
price above the...
On the monthly/weekly timeframe price is full bearish but it’s on this major support zone that the price got rejected from it twice so m expecting a bullish move before any bearish continuation.
The daily is bearish expecting a pullback to the previous high and also the golden fib number
4h; price is consolidating
M looking for the price to break above the...
I missed the last trade so now imma wait for the price to make a new structure then ill make a new trade setup
if the price kept going down then imma wait for it to break the support and resistance zone and a previous swing then find a good entry while looking where to put a safe sl
4h; consolidating but I am expecting a bearish move
break of the range with a momentum candle
break the structure
breaking below the s/r zone
below the emas
1h; below emas
an engulfing candle for an entry
SL; above the previous swing
tp next s/r
EURUSD has played out as analysed in the previous post ( Check Related ideas). Nothing has really changed despite the messy price action because everything in the market is DELIBERATE: if you pay close attention you will understand the HOW and the WHY.
It is always good prctise to hold until SL or TP and manage it inbetween. Goodluck!
for any short trade, imma be looking for a break of the structure followed by a break of the support zone and below the ema's
then imma scale down to the 1h for entry signals which are; an engulfing candle and below the and 14/5 and 200 ema
SL; above nearest LH
TP; next S/R zone
EURUSD if breakout 1.05750 level new target is 1.07. This is cup and handle target.
I think like that because indicators is good for buying.
Median : BUY
Williams Alligator : BUY
Parabolic SAR : BUY
Target Price :
Support Price :
Not Financial Advice