As highlighted I'm looking for EURUSD to make an upside move as a new short term trend reversal.. its about time we see a bigger pull back in order to make another push down, and don't forget this trade idea is going against the long term trend so make sure you are managing risk and been smart with entry points.
EURUSD has hit the resistance of the downward channel it time to look for buying opportunity
I have been waiting for EURUSD to break this short term consolidation range to give a better idea of where price is heading, im currently looking at price breaking through this resistance area and a re test to confirm buy trades.
Price on EURUSD has been very quiet over the last couple days.. we are sitting around an obvious support and resistance just traveling sideways, as you can see I've have two areas ill be looking at trades from. Ill look for intra-day shorts off the resistance and buys off the support (highlighted buy zone).
EURUSD is trading at 20 years low and due to geo political events EURUSD is in downtrend from last year look for bullish confirmation on support area as mentioned in chart and buy EURUSD with your own money management always remember that patience is the key
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Market Structure: Uptrend nearing resistance Area of Value: Break out of resistance Entry: Bullish candle at resistance Exit if Right: Tranches. Need to be careful in TP2 as it is above the trend in Daily chart Exit if Wrong: 1 ATR below previous swing low RRR: 1:2 Note: check the daily chart once TP1 is reached as there is possible resistance based on ema50 and...
EURUSD (4H) has broken out of the local resistance after a reversal pattern. It is a high probability EURUSD will rise up to test the important monthly resistance before continuing its downtrend. Upon replacement and rejection, a buying opportunity may arise. Press the like button if you enjoy this content :)
Today's analysis is based of the HFT WEEKLY and MONTHLY charts with emphasis on the daily and 4hr charts were we can see evidence of a support being formed around the 0.99 area. As you can see on the WEEKLY chart my custom indictar gives very accurate signals when used on the weekly charts and especially around key price areas like we are at now. The EURO is...
Still have 50% of my short trade running risk free, but I'm looking at possible rejection off the supportive area of 0.99200. It may not be this week but Ill be looking for candle rejections and reversal patterns off that support to take a long trade.. the other option is price breaking through that support level and keeping the profit going on my short. Very...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/USD Buy. Still have 4x partial Sell trades on this pair so they do give me some protection...
The price hit the point of interest and showed some sort of resistance to the down. It is clearly looking to go to supply after two impulsive moves upwards were created. This is just an idea. Thank you
HI Team My last trade on this pair - yet again - hit our TP level as expected, and if you were holding it would have made even greater profits! Fundamentals: As EU countries rally successfully to mitigate rising wholesale energy costs, their economic manufacturing output looks to be in a better position than most, making a rally for EU more likely. Despite...
In my opinion, this currency pair is in a 5-wave movement. Wave 3 of this movement was very large and extended, so one should expect a very large and extended wave 4. We are currently at the starting point of wave 4. Along this path, we should wait for positive news and interest rate changes. Be successful and profitable
Looking at EURUSD on 30M timeframe Currently looking for long/buy position We currently waiting for signals of reversal whereby we will then execute the trade
Quick update on my EURUSD trade setup from earlier as per idea price has entered BUY/trigger zone and indicator give 15min BUY signal so trade entered. Stop loss @ 0.992 Take Profit @ 1.018 Breakeven @ 1.004 Trade is valid for 1-2 days max.
We are still under more pressure, and the short suggestion 1.0220-1.0240 has worked its way lower. However, we are in oversold territory based on low 4-hourly RSI. The daily MACD is negative and we are still negative on RSI on this same daily chart as well. I would be inclined to take profit on the short 1.0220-1.0240 near 0.9957 and start building small long...
The EURUSD is near it's major support level and there is much chances that it will rise from the define support. Better to look buying opportunity on it.