U.S. Dollar Currency Index
EURUSD was trading in an uptrend in a rising channel But now we are seeing a bearish breakout the price will fall down to retest the demand level below
Forex traders that decide to trade in a bear market are looking for a strategy or a way to make a profit when markets are falling. But, is it possible to swing trade in a bear market? It is. The most used strategy in bear market trading is the swing strategy. Traders that want to swing trade must first understand the swing trade meaning. Swing trade is a trading...
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bearish momentum accumulating on the pair right now This sentiment makes me bearish biased and I am considering a short! Like and subscribe and comment my ideas if you enjoy them!
EURUSD reached a solid daily resistance this week. To catch a bearish move from that, watch a price action on 4H time frame. We see that the market is trading within a rising channel. The price formed a double top within that. 1.0835 - 1.0855 is its neckline. If the price breaks and closes below that on 4H, it will most likely initiate a bearish...
✅ EUR USD forms the beginning of a reversal. The price is near the resistance area. I expect a fall soon. ✅ 🚀 SELL scenario: short to 1.078. 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
EURUSD - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Sell EURUSD Entry - 1.08655 Stop - 1.08938 Take - 1.08230 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️ ❤️ Please, support our work with like & comment! ❤️
As we can see price is near the daily major resistance zone and we are looking for a fall and dump here like the red arrows mentioned on the chart also major supporters and targets are mentioned on the chart with a price label. DISCLAIMER: ((trade based on your own decision)) <>
Candle on trendline No trendline break, no sell No SNR break below no sell. respect the trend Takeprofit on the green area takecare your profit
Hello traders, Wave 4 is supposed to end 1.08730-1.08830 zone. Then wave 5 is supposed to materialise towards the support zone at 1.08160. Thanks.
Daily Time Frame We have been bullish and just took out a previous high on a daily time frame. This means there will be a retracement soon to 50% of the fibs or way down to 90% to the Demand zone responsible for the impulse which took out the previous high. Personally I like to use the Line Chart because it clearly shows high and low points without wicks. 2H...
👩🏻🎓An overview of Candlesticks A candle represents the changes in price over an interval of time, such as 1 day or 1 minute. The main body of the candle illustrates the opening price at the start of the time interval and the price when the market closed at the end of the interval. The length of the shadows shows how much the price has moved up and down with...
EURUSD As long as the price is trading above 1.0860, the price will reach 1.0921 And to get a full bullish trend, it has to break 1.0922 by closing the 4h candles and then touch 1.0990 and 1.1025 However, for whatever reason, if the price stabilizes below 1.0856 by closing the 4h candles below it will drop and touch 1.0806 and 1.0767 And now the price...
Hello, I rely on ICT concepts for my trading. I would like to share a trade idea for next Monday, January 30th, 2023. Idea With price causing a double BOS, I'm expecting price to likely move towards the 1.08260 area, where the H1 FVG & 61.8% Fibonacci line are. It's also worth noting the 1.07826 area where the liquidity hotspot is. Price could possibly head...
✅EUR_USD was trading in an uptrend But now we are seeing a bearish breakout So I am locally bearish biased and I think That the price will fall down To retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EUR/USD 1H - As you can see from the analysis above this pair has recently tapped into and swept a higher timeframe Supply zone. After penetrating these zones its gone on to break structure to the downside. This break of structure has confirmed the end to the bullish trend that took us into the Supply zone and the start of bearish structure moving forward, we...
This week, for EURUSD we have 2 working scenarios. One with a higher probability in my opinion and the other with a lower one. 1st scenario - the price will go down in a corrective fashion until it reaches the yellow trendline marked on the chart (or higher) and then it will make another push to the upside. 2nd scenario - the price will continue to go down, break...
Hello traders! ‼️ This is my perspective on EURUSD . After the change of character and break of structure on H1 timeframe we are bearish, so I am looking for shorts. I expect price to continue retracement and then to reject from bearish orderblock. ‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated....
EURUSD Analyze Generally the direction is uptrend as long as price trade above 1.0858 - 1.0870 Weekly chart on the weekly chart like we see the last two candle it have a strong uptrend but to continue at the bullish zone should price stable above 1.0906 then it will try to reach 1.0978 and 1.1050 , also it possible to retest to 1.0768 and 1.0711 then will...