We buy this pair because of a strong support below. The price is approaching a strong demand zone. This is more than an institutional analysis. Invest wisely. We know what we are doing and we do what the market is doing. Wish you more success ahead.
As I mentioned before, since the beginning of the year, EurUsd is trading in a 500 pips range.
At this point, the pair is at the bottom of this range and things on the longer term are not so clear without a break here.
On the other hand, if we look at a shorter TF, we can see that EurUsd is drawing a falling wedge on our chart and the last three lows are very...
Taking a long on EU based on a failure to make a LL on the 4H and the 15m. 15m structure has shifted to the upside and I’m looking to get in when a HL is created. 80 pip TP
In the past year, EurUsd was trading in a 500 pips range (more or less)
A large H&S seems to be forming and a confirmation of the pattern will come with a clear break under 1.18
1.4 can be swing traders target and the single currency above 1.2 would negate this scenario
EUR/USD is currently approaching a support level from where we can see
a strong bullish impulse to the upside.
Although the support level is at 1.1720, I would start buying the dips starting now
with small lot sizes.
I recommend traders to buy EUR/USD between 1.1715-1.1770 with SL below 1.1680.
TPs can be placed at 1.1880 and 1.2015 respectively.
Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the...
This is my first published chart .. The technical analysis based on my vision to the US.Index (DXY) by using three Fibs & Market structure.. H&S possibility,, completted RSI Bullish divergence
I'll take my long position at 1.1825 if the rejection happened
Hello traders, in my previous EUR/USD idea, I recommended you to buy EURUSD
at 1.1825. If you followed, you made some good money. (Previous idea attached below
for your reference)
Based on the bullish price action in the weekly chart, I would recommend traders to buy the dips in
EUR/USD.
If price dips to the lower 1.18 levels this week, I would be looking to...
#EURUSD
The MArket was recently moving in a bearish channel. Now has broken out of the channel and went bullish. Now it is time to show some retest to validate level and then will go long.
We witnessed a total of 500pips in our direction since my last publication on this pair (see link below for reference purposes) and it appears the Bears have lost the momentum giving way for a potential rally in the coming week(s). The Euro fell significantly during the course of the last one month to break below Key level @ $1.18500 level, only to turn around...
As I said yesterday, I expect 1.1810 support to fail and for EurUsd to continue downwards.
At this point, the pair is trading under 1.18 and the road is clear to 1.17
I will look to sell rallies above 1.18 and only EurUsd above 1.1875 would negate this scenario
As I expected, 1.2 is strong resistance for EurUsd
Yesterday's rally towards 1.19 was sold and the main pair is trading now at short term support
A break here would expose 1.17
Sell rallies remains my strategy
We can see that the market previously pushed to the upside from 1.1700 area and stopped at 1.2260 and showed us a major fall.
I have pointed out 1.2100 area as a major supply area because a lot of sell orders were initiated from here.
I still believe with a nice price action and a structural break above 1.2000 area we can finally reach to our major supply aka...
Hello Traders! Check related ideas for market context! There's no reason to trade when the market isn't clear and the risk-reward opportunities not interesting. Therefore, in my case at least, it's much better to look for other market opportunities. I think this is something many miss in trading --> You are only as good as the markets you trade --> No reason to...
Price has found strong support, and I am hoping it holds. One more leg to hit my final TP! But there is an opportunity
for and entry if you are not already in this trade. Also, a great opportunity for a second position added to the first, for those already in it.
#EURUSD market has formed head and shoulder pattern in D1 timeframe analysis. Here is an interesting situation. The market will go for more sell if the market is broken out of the neck line of the pattern.
Hello Traders! Check related ideas for context!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the...
EUR/USD is stuck in the 1.2120 level over the last couple of days
and it seems like volatility has completely dried out. However, the FOMC
event later today could provide the much needed volatility.
If EURUSD drops to the zone I have marked in my chart, I would be
considering a buy entry between 1.2065-1.2085 with SL below 1.2040
and TP at 1.2180.
