As we can see on the weekly chart, the current trend is marking a deep reversal determined by the rebound on the dynamic trendline of the upper edge of the channel, as well as by the "Head and Shoulders" pattern. It will take many days for the breakout to occur, but for lovers of Positioning Training, this is an opportunity not to be missed! After the breakout,...
- Structure not broken - Re-test OB yesterday - Above 1.20200 - Entry 0.79 fib - DXY bearish - Creating liquidity pool before aiming higher targets to fill imbalance completely, removing liquidity from today above TP That's my view. If I'm wrong, good, I will journal, learn a lesson and keep moving. If I'm right, good, I will bank profits, journal and keep...
The EUR/USD will soon resume its downward path. Prolonged periods of lockdown in Europe, due to growing fears of a third wave of Covid-19, weigh dramatically on the Eurozone’s growth expectations. There is a risk in another summer season of 'canceled' holidays, which will have a particularly serious impact on the economies of Southern Europe. Figure 1 (see link...
IF UERUSD pullback towards 1.17260 (or below) with rejection, the pair will likely rally up targeting 1.19000. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Correction levels used by Market Makers to squares their Balance sheet between buys and sells orders. These levels valid till the end of this week.
I said two weeks ago we may get a trap move the first week of March. Keep in mind it is NFP this week as well. 1.2020 has been such an active spot over the last 30-60 days for EURUSD. Check my prior posts. At the moment I don't have a bias on EURUSD and I will most likely be sitting out today, I want to see more behavior from price. If I had to choose a side I am...
Stops above EQ H taken out, a run below the old EQ L is expected
I expect a minor move below the EQ L and a rally to retest the QML zone
One pair, that's all you need to be your bread and butter.
If the candle can stay below the broken trendline, I reckon Euro will reach the final target at the end of March or mid-April. Catalyst: - Fed Chair Powell Testifies - US GDP
Expectations are a decline. Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit. Trade with caution, this is not financial advice. Entry: Market SL: 1.21650 TP: 1.20200
Confluences: - Reverse head and shoulders pattern has been fully formed - General downtrend on the monthly timeframe - Expecting a bearish engulfing candle to form to signal the start of a downtrend
EURUSD has reached the Propulsion Block (PB) as seen on the chart and has reacted off the point. I'll be expecting the fiber to be bullish for many days to come to the 1.23500 level.
Too busy trading to write the full analysis at the moment. But I'm looking for shorts to open the week on EURUSD for a few reasons. I'm looking for an imbalance from winter to get filled We have equal lows piling up just above it. Price is beginning to converge on itself which means the banks are building a position. We have a potential liquidity spike that...
EU already purged today into a LP taking SSL. Due to FOMC meeting 2:30pm EST let's see if we have a retest at 50% of this 4h candle today and continue up.
HEXCEL CORPORATION (HXL) Looks like a GREAT BUY to us. Carbon fiber, aka graphite fiber, is a strong, stiff, lightweight material that has the potential to replace steel and is popularly used in specialized, high-performance products like aircrafts, racecars and sporting equipment.Carbon fiber is five-times stronger than steel and twice as stiff.
the pair is trading near a critical level that suggests the end of the fifth and final wave of an impulsive wave. the lower band of this area is 1.2360 and might extend to reach 1.2410. im not saying that the bullish trend is over however a corrective pullback is expected before a continuation might occur. im looking closely to short this pair from 100% fibo...
Posted earlier is a Weekly outlook of EURUSD. On a lower time frame however, the pair is showing high possibility of going lower. In the event that price rally up but got rejected below 1.22600, then the pair is likely going lower. A close above 1.22600 will indicate price momentum has changed to bullish even on H4; hence a long trade outlook begins. N.B - Let...