While there was an opportunity to see the euro going up, there are new issues coming with the crude oil affecting the euro zone next to the Brexit and other undecision. Until things will clear up. I see the crude oil problematic putting heavy weight on the already weak euro. So again, instead of recovering we'll probably see the market go down.
Long & Short As Per My Analysis Chart or You Can Also set Own Risk reward. Let see what Will be Next Move on .Risk Warning- I m Not a Financial Advisor This idea Only For Educational Purpose Only. Thank You !!
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#EURUSD #USDJPY
Hello to all watching my charts
After EURUSD has been Long from 10. to 12. and a flat situation 12 - 15
we now have a fall back and a short situation
which is to check in the longtime blue channell which
is falling and the shorttime purple channel which
is in a big fall since today in the mornin.
Trendchang to long at the moment not...
UPDATE for my setup
Around 1.13900 above buyers is crazy, realtalk folks.
MY EXECUTION... SHORT...
ENTRY @ 1.13900
TP @ 1.13300
SL @ 1.14100
It's gonna go down, don't you see or i think your system is wrong, not you.
~ hackytradeph
Dear traders,
So as you can see we expect EURUSD to go short. We think it will go short because the markt is now moving to a strong daily supply zone. If we reach that zone, banks will fill there orders to go short to then go long the rest of the week.
It will be much clear on the 4h chart, you can see the 4h structure is been broken and now moving to the strong...
Hi traders,
The EURUSD seems to be in wave (b) of Y of a potential double zigzag pattern.
.
Price is currently retesting a key resistance that lined up with 61.8 FIb ratio, moving averages, and ascending trendline.
.
Considering that prices have made a double top pattern and bearish rejection candles at the confluence level, the odds strongly favored a sell-off...
This is the 4H chart, big gray highlghted area is daily resistance plus a big 0.618 Fib Level.
4H broke the trendline, awaiting a retest, and then straight to the 1.12000 zone!
You can see that EURUSD respects this daily down trend. I know this trend already tested a few times but I still think there's more to go.
This is how i have planned my 1:2 risk to reward trade:
First of all; EURUSD just crossed the middle of the trend. We can expect a pullback to the middle support line. If i go short from here, my risk to reward will be 1:1....
