Pair : EURUSD ( Euro / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Short Time Frame with the Breakout of Lower Trend Line. Completed " 12345 " Impulsive Waves and making its " A " Corrective Wave
FX:EURUSD Broke out of the major resistance and has formed a new high. On H4 TF, it can be seen attempting to form a new higher low. If the new higher low is fully formed and holds around the 1.10345 area, we just might see some higher push Targets are at: 1) 1.11300 2) 1.12389 Trade with caution and trade responsibly. Do your due diligence Happy New year
EUR/USD Embarks on 2024: A Delicate Balance of Technical Patterns and Market Sentiments As the European session opens its doors to 2024, EUR/USD treads cautiously, marking modest declines below 1.1008. The immediate technical outlook suggests a potential extension of the ongoing correction, while market participants exercise caution, refraining from substantial...
Dear Traders, Happy Holidays, EURUSD recently had some short of correction and now there is sign that price may push towards 1.1200 price area before the NFP next week. A proper risk managed entry can give you around 150 pips. good luck and trade safe: all the best for new year 2024 , may this year fulfil all your trading goals.
Price changed its characher by sweeping previous High. On 1 min equal lows are formed which would act as liquidity for further up move. Expecting price to test these equal lows before goin higher.
Eurusd also is a bullish market as we can see on HTF still there is more buying powerz now on LTF we look for signs of shift of MS so as we can enter the market .
EURUSD has slipped sharply in the past session, losing momentum as it approached the upper border of the rising price channel. Although selling pressure is returning, these are normal developments after breaking moves, a correction will bring giving bettors better entry points, you continue to wait patiently, paying attention to see if there is a bullish signal...
Hello traders, today's overview is EURUSD monthly chart which depicts the next long-term moves to follow foe the entire 2024 season. I have shown a trend direction with about 5 moves to follow. #forex #eurusd #fxtrading
My forecast for this week aligns with my plan for GU as anticipated, with some minor adjustments. The concepts remain consistent, but the positioning is extended due to the trend line liquidity near the current price. I expect this liquidity and the Asian low to be taken out, leading price down towards the 5hr demand zone. Upon the formation of a Wyckoff...
Hello Everyone 🙋🏽♂️ Waiting to hot the resistance price 💲 Entry Point : 1.10989 ...
Looking for a deeper pull back and rejection following a 4h close going into next week or a break out to look for longs
As we study #PriceAction - Our 12am Indicated the Bullish Play on this last #TrapDay of 2023 - The #Algorithm raided the 1st #StandardDeviation to entice Timmy, Lenny, & Tenisha nem to chase the sell because they had no clue we are BULLISH today.💰 Around 5am the Algorithm followed it's DAILY route- Consolidated turned around and liquidated the Shorts and tapped...
EUR/USD Faces Headwinds Amid Economic Data, Yet Bulls Remain in Control On Thursday, the EUR/USD encountered headwinds, struggling to maintain levels above 1.1050 as of the current writing. The pushback comes in the wake of economic data releases that failed to provide a significant boost to the euro against the US dollar. US Jobless Claims and Pending Home...
Welcome to my TradingView profile! In this article, we will embark on a journey together to explore the intriguing prospects of EURUSD, guided by the fundamental principles of market structure and Fibonacci retracement. I invite you to join me in analyzing one of the most traded currency pairs. Our primary instruments will be market structure, the identification...
EURUSD increased in price in the last session, the upward momentum was not strong enough to invalidate the doji pattern previously formed on the daily. Although this bearish model has been invalidated, suggesting the possibility that the uptrend will continue, the breakout force is not really strong, you should not buy at this time, need to wait patiently.
in the area I select in the chart, I trade long and short . I believe that price goes a sideway in this area. no matter which position is first I trade the first and flip it with the next. what do you think?
The U.S. dollar is on track to decline annually, weakening from two consecutive years of strong gains as expectations grow for the Federal Reserve to cut interest rates next year. The dollar index against six major currencies hit a five-month low of 100.81, reflecting Wednesday's 0.5% decline and expectations for a 2.6% decline for the year. Market participants...
In the short term we can say that the FX:EURUSD pair is bullish above 1.0930 (bullish scenario invalidation) on intraday chart. That said, from a technical perspective, we have already reached our previous Target around 1.1040 (see chart/idea below), and from this area a corrective structure should be logical with a potential ABC Pattern. If this idea is...