EURUSD created Bullish Butterfly to such mega move; But now in weekly pattern created a hidden bearish divergence with fibonacchi 0.786(Supply Zone) & rising wages. So need a correction. Today ECB meeting; 50BPS anticipated and already price in. So there is another opportunity to weak EUR from this point. Tomorrow Dollar NFP data will publish; US labour market...
Short position from a very strong resistance point between 1.09200 & 1.09300.
Eurusd created a double top on the 1 hour rejecting it. Once it breaks uptrend line I expect a push down. SELL!!!
After completing the five increasing waves...we were waiting for the beginning of the three corrective waves, and now the C wave is starting...so we can enter the sale transaction.
Do proper risk management and enter trade after market shift . good luck
FX:EURUSD If you want to use this idea, please risk only one percent of your account balance.
In this video I discuss the current price action and explain why this correction bounced the way it did. I share my thoughts along the way and make sense of all waves in question. The NFPs may see the Euro plummet from this point. If you are short, then your stop should be at 1.09138. See related ideas below. Hope this helps. Remember to use Disciplined...
Price has broken out of the main channel and continues to reject, price should break to the downside
EURUSD Analysis with complete chart patterns. There is a Head and Shoulder Formation. Also, A Three Drive pattern. and Market structure may give us a Sell opportunity with 20 pip SL and 100 PIP TP. Do support me if you like my working I can share many more analyses. Regards, M Raheel Khan Forex Pharmacy
Confirmation • Buy side liquidity taken out ✔️ • Break in Market structure ✔️ • Price at premium ✔️ Entry • At Fair Value Gap and above the midnight open ✔️ • London killzone ✔️ Target • At a Discount below 1.0800 ✔️
Hey Everyone, We had couple of nice entries on AUDJPY though price have moved in same region for long period, expecting a a massive bearish impulse! -Wait for price to come at our area and then watch for a nice rejection using a smaller time frame" -If price dropped now without coming to our area then consider buying at 'INT LQ ZONE'. -We can at least target 200...
A deal with a strong success rate with a head and shoulders formation and a retest of the pattern with the moving average 200 with a strong 50% Fibonacci retracement. Good profits, my friends, traders
Dear friends and companions: After the fall and the completion of the pullback, it will continue to fall. Meanwhile, the divergence is evident in the 4-hour time frame. If you like my analysis, please like and follow me.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Eurusd is froming a key reversal today. We have to wait for the daily close, and even after the daily close this can be easily reversed by tomorrow, it's possible we will be having the pullback to the 200 SMA in the following days. If this plays out the minimum where price drops is the 50 EMA at 1.060 . This price level is also the 23,6% FIB retracement. If...
EURUSD H4 Rectangle/Consolidation Breakout, let's the market conditions.
On the M30 time frame, prices are holding in a descending channel and approaching the resistance zone at 1.0880, in line with the 61.8% Fibonacci retracement. A pullback to this zone presents an opportunity to play the drop to the support zone at 1.0800, in line with the graphical low. Prices are facing bearish pressure from the Ichimoku cloud as well, supporting...
On H4 I have been able to spot an uptrend where the market has made two successive touches above, as it continued breaking higher highs enticing traders to further enter with their stoplosses on the lower lows it has created that is where liquidity lies. However on my hourly POI I have been to been able to spot Liquidity on EQUAL HIGHS created between 6...