This is the second best time to enter for the sell. We had a second beautiful retest of structure. Everything is indicating there will be momentum downwards. It made a lower high and we are on course to go down. It is overbought in most timelines and we should see it hit support before it moves elsewhere.
There maybe a downside potential still on this pair in the long run, plus parts of Europe announced another outbreak of raise in covid. Could we see it fall again to 1.07-1.08? What are your thoughts?
EURUSD create hidden bearish divergence, EURUSD gonna short!
For a year now, EurUsd is trading between 1.16 and 1.23, with a median of price around 1.2 The pattern that we can see on the chart is resembling a H&S and a clear break under 1.18 would bring confirmation. The target for swing traders can be 1.14 support, and EurUsd back above 1.2 would keep the pair in this familiar range
EURUSD and sell area Detail in chart RR 1:4 Close before news..!
Based off the structure on the 15m I decided to take a short and target 3R. So far the 4H is in a downtrend as well as the 15m now so price should hold structure and continue down.
After proving 1.2 as a strong resistance, EurUsd is staying just at 1.850 support at this point I believe that this support will be broken and my target is 1.17
EURUSD remains heavy while below the 1.1980 fibbo resistance. DXY is bullish has been driving this pair lower. I expect a continuation to the downside and have therefore sold the bounce in EURUSD at 1.1920. Short @ 1.1920 TP: 1.18 (Just ahead of the 1.1795 fibbo support) SL: 1.1980 (just above the 1.1975 fibbo resistance) Good luck
Welcome to our weekly trade setup ( EURUSD )! - 1 HOUR Bearish break below main sr level. 4 HOUR Expecting further downside pressure. DAILY Overall bearish market structure. - FOREX SETUP SELL EURUSD ENTRY LEVEL @ 1.19340 SL @ 1.19690 TP @ 1.18620 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or...
EURUSD broke a very very strong support level on daily time frame and market is back at that level to retest its a classic bearish breakout and retest pattern look for bearish confirmation on lower time frame and enter short with your own money management discipline with patience are the keys to success
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...
EURUSD and sell area (Pending order sell) Detail in chart. RR 1:9 Disc. ON.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.2162). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURUSD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.2162). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURUSD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hello Traders! As you can see in my 'Related Ideas' EURUSD developed exactly as expected, the structure made a 'Running Flat' and came down. But now, if we look at the higher timeframe possibilities, we see that there's a very good chance that we are at the beginning of a much bigger down-move to complete a higher timeframe 3-wave correction, which is why I'm...