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AS we can see market after this huge rise that had start to show some weakness usually when we miss to open short position on this kind of situation we can set Fibonacci retracement level and start opening our short positions near 0.61 or 0.5 % of Fibonacci and the reason we are looking for these levels not 0.38 % is strength of bullish market that we had . so...
Hello,Friends! EURUSD is bullish right now and I think the market conditions are right for the move up Therefore, i think it is sensible to go long Like and subscribe and comment my ideas if you like them!
Wedge Patterns are a type of chart pattern that is formed by converging two trend lines. Wedge patterns can indicate both continuation of the trend as well as reversal. Rising Wedge- On the left upper side of the chart, you can see a rising wedge. Rising wedges usually form during an uptrend and it is denoted by the formation higher highs(HHs) and Higher...
EURUSD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Buy EURUSD Entry Level - 1.20209 Sl - 1.19314 Tp - 1.21549 Our Risk - 1% Start protection of your profits from lower levels Please, support our analysis with like and comment!
Pattern: Channel Up on 4H (blue). Signal: Buy as the breaking of the 1.382 Fibonacci extension (former Channel Down Fib Resistance), signals a buy continuation for the pattern and invalidation of the Channel Down (similar to November-December). Target: 1.21800 (top of the High Volume Resistance Zone of 2021). Most recent EURUSD signal: ...
EURUSD Big drop and braked all CP's level all discussed in chart
Since November 2019, the price has been moving in a global uptrend. At the same time, since the beginning of 2021, the price bounced off the upper trend line - resistance 1.237 and, having formed a channel, fell to the lower support line 1.170. It was from this line that a new rise in prices began in early April. However, there are several additional lines inside...
In the long term, I expect the price to rise. However, in the near future there should be a fall (correction to growth). My previous forecast is still valid as the price has returned to the starting...
1.2080 was the resistance of both the bullish and possibly bearish trendline. On the daily chart it was meaningful to have a shooting star candlestick right at this day. If we have a close below or near 1.20 today I assume the bullish trendline will be re-tested and 1.18-19 price can be a take profit.
EURUSD rebounded from uptrend line price above key level around 1.2000 price also above SMA 100 MACD shows start of bullish momentum RSI above 50 so its expect bullish movement to resistance level around 1.2200
HI there, EURUSD is setting up for breakdown watch for breakdow and look for sell. Good Luck
Worldwide investors eager to finance the US programs are making a comeback? I think it's mostly short term. The USD rally won't go far imo. Patterns used to work, but now they don't. Why? I might have the explanation: It's as if casuals heard about GME early on. Melvin capital liquidation price was at say $125. Casuals...
EURO showing little signs of weakness failing to break the previous high and creating a higher high. a bearish momentum candle should be our confirmation for a sell....