DXY AND EXY FORMING H&S PATTERN , DXY DOWN - EXY UP! WE MIGHT SEE THE EURUSD STRENGTH VERY SOON.
It seems that the dollar index is completing the bearish bat pattern. Target seems a bit exaggerated but anything is possible.
as you can see i am bearish on this pair and i expect price fall possible channel can be form just like what i draw on chart we can enter trade after breaking the trend line and the blue zone
Hi Notice that EURUSD since 13th June has paused it downtrend and created higher high. However it did not sweep the EQL liquidity which still remains. We believe that its now time to sweep EQL liquidity and then continue uptrend for sometime at least. Lets see how price reactions. We will keep everyone posted
personaly i will buy eurusd till 1.07 and then 1.09 but if you want best area to buy you can wait retest to down zone 1.04 - 1.05 then buy eurusd
The price action appears to contract on the macro level but if we take a look at each swing from a geometrical point of view we have so many textbooks events that lead me to the idea that we might have finished something here and we are going back into the contracting area which eventually we'll reach the apex when we decide which way we are going in terms of...
EurUsd Long at 1.098 Tp1 1.102 Tp2 1.104 Tp3 1.106 Tp4 1.110 Tp5 1.113 SL 1.095
there exist a very steep Bearish Divergence between the price and MACD and Its Histogram, which is the sign of trend reversal. the price has already broken the low bond of the ascending parallels Channel where it was rallying earlier. price has retested the Support line and it didn't stand after the second attempt and now turned to resistance, which is a very...
as long as it remain in down trend channel it will go down i think after it complt down trend it will start to going up
4 hour signal here wouldn't hold it too long as weekly is turning bull.
See channel for specifics on this short, or the detailed analysis provided for you all in absolute straight forward wins.
EurUsd outlook - Inverse H&S, 50% neckzone has been broken, I expect a pullback which correlates with the 38.2 fib. Together with a BOF before a upwards movement. - Let me know your thoughts
The Euro has weakened and had an increased sell pressure, especially against the dollar. I expect the pressure to continue until it reaches the next major support level.
i like head and shoulders, i find them the easiest pattern to trade, spotted this one on EU
Trade Plan of EURUSD with Bias being Wait and See Look for the support at 1.18028 - 1.18010 Trade Plan 1: If Support is Honored with Bullish Candle; Take Entry for Long with SL 1.7934 TP: 1.18846, 1.19106 and 1.19756 Trade Plan 2: If Support is Broken Trigger your shorts with SL: 1.18513 TP: 1.17574, 1.17066
in Daily time-frame we see a clearly Head & Shoulder pattern. Also breaks another trend line and retest it, ready to booom! Target level is 113
DXY for Sydney Open 00:37:46 (UTC) Tue Aug 3, 2021