Grey - 1D
Blue - 4H
Orange - 30 Min
So here Market break the Trendline to Fake and Then giving us strong signal of Sell and then market enters back in and getting strong rejections from trending and then again market gave us Bear Signal.
So Now market is getting rejection from Strong D1 Support Zone.
Chances of market is to go Bulls now.
On heatmap USD Getting...
Based on my price action, currently, it's a nice retest of the broken TL, a pretty excellent risk-reward ratio. I predicted it would reach the final target by the end of July or the beginning of August. I would wait for the confirmation candle, enter the trade, set SL / TP, and forget about it since the analysis is base on the daily time frame.
We had a similar...
EUR/USD is stuck in the 1.2120 level over the last couple of days
and it seems like volatility has completely dried out. However, the FOMC
event later today could provide the much needed volatility.
If EURUSD drops to the zone I have marked in my chart, I would be
considering a buy entry between 1.2065-1.2085 with SL below 1.2040
and TP at 1.2180.
Pattern: Inverse Head and Shoulders on 1D.
Signal: Buy as the price is in the process of completing the Right Shoulder while it hit the 1D MA50.
Target: 1.23500 (the 6 month Resistance).
Most recent EURUSD signal:
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Pattern: Channel Up on 4H but if 1.22390 doesn't break, a Channel Down may take its place.
Signal: (A) Buy if 1.22390 breaks, (B) sell until then as a 4H MA50/MA100 has been formed.
Target: (A) 1.23450 (1.618 Fibonacci extension), (B) 1.20900 (Lower Low on the emerging Channel Down and just above the 1D MA50 (yellow trend-line).
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Pattern: Channel Up on 4H.
Signal: Buy within the 4H MA50/ 4H MA100 buy zone. Confirmation when the 4H MACD makes a Bullish Cross.
Target: 1.23450 (The January 06 High).
Previous short-term idea:
Previous long-term idea:
As I've mentioned before, EurUsd is consolidating and slightly correcting in a flag formation.
I expect this flag to be broket to the upside and 1.2350 is my target
In my opinion, dips should be bought and only a daily close under 1.21 would change my perspective
Pattern: Channel Up on 4H.
Signal: Buy as the price rebounded again on the 4H MA100 (green trend-line).
Target: 1.23450 (just below the 1.618 Fibonacci extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
We are yet to find an avenue for Bearish confirmation since my last publication on this pair as the price continues to find a higher high (see link below for reference purposes). Continuous rejection of the $1.22500 level since mid-May 2021 is a clue pointing at the possibility of a bearish momentum building up at this juncture in the market.
The prospect of...
EUR/USD sell opportunity - bearish flag is creating.
rejected fib. golden zone and we r in a downtrend.
so there is a huge probability for the price continuing to the downside.
is u don't see a clear breakout, don't sell !!
EUR/USD's downtrend has come to a halt near the minor channel support.
We have seem some bullish price action at this level in the smaller time frames.
If the bears are unable to break below the support line, there is good chance
that a pullback to the channel resistance can occur again.
Currently holding a buy from 1.21 level with target at the 1.2180 level....