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Fiber

EUR/USD | Falling further? (READ THE CAPTION)By analysing the 2h chart of EURUSD, it can be seen that after hitting 1.17429 on Teusday morning, EURUSD has been gradually dropping in price, falling into the FVG and consolidating there for a while, and then going as low as 1.16728, but by hitting the high of the next FVG it retraced a bit and now is being traded at 1.16810. I expect EURUSD to retest the FVG above soon at 1.16850. If it goes through the FVG, the targets are: 1.16860, 1.16930, 1.17000 and 1.17070. If it fails, then the bearish targets are: 1.16730, 1.16660, 1.16590 and 1.16520.
by AmirAliTrading
2
EUR/USD | Bounce back or further drop? (READ THE CAPTION)Good afternoon folks, AmirAli here, happy new year! As you can see in the 4H chart of EURUSD, after going through the FVG and hitting the Supply zone at 1.18080, EURUSD has been dropping in price and is now being traded at 1.17240. EURUSD has hit the high of the NWOG at 1.17196 twice and went up, and now it is on its way to retest the NWOG zone again. If it bounces back after hitting the NWOG once again, the targets are: 1.17420, 1.17540 and 1.17660. If it goes down through the NWOG, the targets are: 1.17200, 1.17090 and 1.16980.
by AmirAliTrading
1
BEARS KEEPS A TIGHT GRIP ON EU BULLS!Sellers are having a swell time violating buy zones this week, while we expected shorts, we had hoped to see a potential retracement move give us a chance to enter long (counter-trend/high-risk) but that has not happened. While price did bounced of this level a few times showing bullish reactions, they were insufficient to determine a shift in sentiment, now attention has shifted to this weekly FVG where we begin to watch for clear bullish reaction from the 4hr TF up to the daily TF . We'll keep fingers crossed until a reversal pattern prints!
Long
by LloydFX
EURUSD Potential LongAs EURUSD stalls at the immediate demand level talked about in the previously shared idea, our expectation was to see bullish price action print, which was delivered with Friday closing very bullish. While this was expected, it does not appear the buy move is ready as there are still some bears lingering in this market. With this in mind, my anticipation for this week is to see the Fiber trade above last Thursday's high (1.0874) where we have sell-stops sitting in the interim. Clearing this liquidity should be sufficient in seeing price roll deeper into that demand where we expect to see the bulls take charge for a bit, 1.0808 being the price of interest for buying. Should price print as predicted, we should have a retracement buy move play into our hands. See y'all mid-week,GLGT!! LloydFx
Long
by LloydFX