This is clear indication of sellers enjoying party right now. Slight pullback and then down again. Certain marked areas to lookout but mostly few good days ahead. I will update more confirmations on 4-H later on.
FX:EURUSD Break below Daily support, waiting for a retest to continue sell on EURUSD
Hello Guys so last week we have seen a decent decline for the downside in euro dollar and massive upside on a dollar index expecting same to continue for the next week. expecting eurusd to keep declining as target is below the support area of 1.0630 level.
EURUSD midterm looks bearish and we almost complet the big a wave around 1.067
By this analysis, many traders will probably end up losing, but we are looking for a selling opportunity. From the weekly timeframe, we are still bearish, and we perceive the intraday bullish signal as a result of NFP (Non-Farm Payrolls) and trapping retail traders into long positions. We would much prefer to take advantage of the weekly liquidity around 1.08350...
Key Resistance Level: This zone marked on chart historically acted as a significant resistance level in the EUR/USD pair. While the overall trend might be upwards, targeting a reversal from this resistance level can be a viable strategy. Price action near this level could trigger a bearish reversal or increased selling pressure. Overbought Conditions: Assessing...
It does look a little ambiguous. However, if the resistance in the price area at 1.0977 cannot be broken on these 2 days, then the price movement is likely to experience downside.
Seems that there might be a good sell position in EU.
Trendline retest to hit at D/H4 fib levels. High probability entries confluence with either 25/00 levels or weekly key level w TP to 27 ext. Can possibly go down further to Monthly trendline @ 1.0700. 150 + pip sell setup
The DXY (Dollar Currency Index) seems to be much stronger than EURO. I believe that EURUSD will fall and it will be best entry point if it again comes to its resistance zone.
I believe that the weekly, H4, H1 timeframes are in alignment. the weekly range has a potential of filling the imbalance in the market. Practicing a strategy. OANDA:EURUSD 1. MSS 2. FVG 3.Imbalance
EURUSD has been trending upwards for sometime now but seems to have met a roadblock at 1.1000 after testing the supply zone. Price managed to go above the supply zone with a few pips but quickly got absorbed and reacted aggressively and created a change of character (CHoCH) after price broke through the recent demand indicating the willingness of price to make...
Weekly Outlook (W) Bear bias until price action establishes an uptrend above 1.1092 6/15/23 Still making higher highs and lower highs Last week of May just made the last higher low @ Weekly fib 78.6 level Expectation: IF Continues uptrend: reach last HH level or 1.1100 and eventually 1.1250 (27 ext) If not: Price reactions from levels below: 1) 0.0865 H&S...
price has filled the 4h imbalance so am expecting price to push down to the daily demand level for either a reversal or continuation of the trend.
The market is currently going through a period of uncertainty. The market is very optimist about the Debt Ceiling agreement. This is definitely going to be a Catalyst this week and half of the following week. If the agreement is seal we could see a strong dollar. This trading idea is based on what is the price doing in Daily time frame. Also taking into...
Hi Ladies & Gents, Although I'm shorting this altcoin at $1.11777, bulls could try rekt bears by pumping this altcoin all the way to $1.21 stay woke! Don't be a liquidity exit for bullahs! May The Ancestors Reconcile n Pay Pay Pay!
On a bullish day look for price to short 1-3 Standard Deviations before the Algorithm begins to LONG Price. On Bearish Days look for price to Long 1-3 Standard deviations before the algorithm engages the short. You can trade with this information both ways when you know the bias of the day. It’s safer to WAIT until price hits the standard deviation that is...
My idea of a possible short on 🇪🇺 /🇺🇸 EUR/USD open position on a supply, target on end of impulse and stop loss above supply