GOOD LUCK ----------------------- Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
EURUSD tested 1.1190 third time & bounced quite sharply yesterday, momentum have been quite positive & building across higher time frames, expecting this to continue yesterday move towards 1.13 & 1.1350.
Price action analysis shows that bears are strong and EUR/USD may keep moving lower over the course of the next few days. If price breaks through the Bearish Flag, 1.1080 will be the next target for the bears. Possible Trade Signal Sell Entry : 1.1220-1.1248 Stop Loss: 1.1274 Take Profit: 1.11 The above signal will be valid only if price action supports a...
okay this is the M15 once the market opens it probably going to continuing the down movement hopefully with a gape then once it reach the area of 1.12074 i will be looking for a buy with a target price of 1.12575 but if thw worst case scenario happens i will still be looking for a buy at the price of 1.11964 with the same TP
Hey traders, EURUSD is showing us some Bullish pressure as we got impulsive wave to the upside from 0.38 Fibonacci retracement and currently we are waiting here for EURUSD to form a visible Head and Shoulders pattern. If we break neckline, that would be a nice long trade for our members.
EUR/USD Wave Analysis The counter is currently is in a strong bull cycle. It has completed wave 4 in the form of a falling wedge pattern and has broken out of the pattern. Hence, we expect the counter to be bullish in the near-term.
Hello everyone! This is my analysis on this pair. As you can see we had a very huge impulsive move to the upside, we then found Resistance on a Daily Level. After rejecting we then created a pattern that I'm sure you are familiar with, the Falling Wedge. This is a Bullish Pattern. We have also reached a very important level on the trend line, so we are expecting...
The counter has been declining ever since it hit the 52-week high of 1.14208. It found support with a trendline and trying to claw its back. It is evident with the formation of an inverted head and shoulder pattern, however, the neckline seems to be a tough nut. A break above the neckline can push the price either to resistive trendline or price action resistance...
EURUSD price action is trading within a multi-sessions bearish channel. Seeing a Head & Shoulder pattern on the 4hour chart on this market, momentum have been weakening across the short term time frames as well, expecting another move lower towards the 100% of the Fibonacci projections and even to 1.27% in the near term. Trade Safe!
EUR/USD created a strange head and shoulders formation. I am waiting for a close below the highlighted support area. I will be interested in taking nice short here.
CBD# 2 - EURUSD - Trade #1 Update #1 - 1100 Pip Move Coming? In this Video I go over how I see EURUSD about to make a massive move to the downside. About 1100 pips! Excited for the confirmations we need for this move to happen! Point A - 1.146 Point B - 1.064 Point C - 1.136 (88.6% Retracement) Point D (TP) - 1.014 SL (Low Risk 2% of Act.) - 1.162 SL (High Risk...
Time = 4H – Structure = Downtrend – Pattern = Double Tops – Tendency = Downtrend -EMA 50 day above prices offering Resistance @ 1.12674 ** Continuation flag formed! GOOD LUCK ----------------------- Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
CHART ANALYSIS: Price succeeded at closing above the first resistance at 1.26. But, it has failed to close above the 200 EMA as well and is turning back towards the downside. A close below 1.20 will solidify my previous long-term bearish outlook. TP will be set at 1.10. Having patience here will probably be harder than making the money itself lol #HOLDING - No...
Hello Trader, Here is the full analysis of EURUSD: 1) Monthly - No significant price action found. 2) Daily - There is a retracement upto 23 and expecting it to test 0.38 and 0.5 fib levels. 3) 4hourly Prices are moving between 1.1345 and 1.2686 levels Action Expecting a fall upto 0.38 and 0.5 fib levels because of very big impulse and we can see short...
Wait for this pull back and catch the sell. Nothing more nothing less.
Time = 1H – Structure = Uptrend – Pattern = head & Shoulders – Tendency = Downtrend **** Wait for a reliable confirmation if you trade on 1hr; Confirmation 1; Price creates RS and then retraces. Confirmation 2; Price breaks the support, then pullbacks and continues Downtrend Time = D – Structure = Downtrend – Pattern = Double tops – Tendency = Downtrend GOOD...
The multi-timeframe technical analysis provides the following hints towards an upward target of 1.1500 - 1.1550 MONTHLY: The price bounced up from the support of long term rising trend line with a bullish divergence on MACD WEEKLY: Upside impulse created by the massive bullish divergence between the price structure & MACD 4 HOURLY: Price moved up nicely inside...