EURUSD is currently stuck between 2 major structures:
from one side we have a confluence zone based on a rising trend line and a horizontal demand zone 1.0245 - 1.0295
from another - major daily supply zone 1.0348 - 1.04085.
To catch the next move, I would suggest waiting for a breakout of one of these zones.
Bullish breakout of a resistance will...
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- Classic bearish pattern
- Our team expects retracement
Entry Level - 1.02625
Stop Loss - 1.04257
Take Profit - 1.00178
Our Risk - 1%
Start protection of your profits from higher levels
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Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURUSD. EURUSD is again getting a strong rejection from this main Trendline. Here we can see small Retesting after this here we can see again price at 1.06
EUR/USD appeared on my radar today
With the recent news and corresponding price action
Making me bearish on the pair
Therefore, a move down is to be expected
✅LIKE AND COMMENT MY IDEAS✅
EURUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we...
Euro rallied higher and returned to a FVG on the 4 hour chart, we will see price go higher since it has retraced to a discount and also filled a FVG. we will look forward on taking buy set-ups on Euro for the week ahead
‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they are never violated.
There're 2 types of Order Blocks:
1. The Bullish Order Block is the last bearish candle before the bullish movement, that Break The Market Structure Higher. Represents a high possibility of holding the...
As we can see on our analysis of EURUSD, we see that our previous Support has now become our new Resistance. We are making use of the Trend Line Breakout Strategy. We await for the market to intersect our Trend Line where we wait for the market to close on the outside. Once the market closes on the outside we will the enter a SELL position on EURUSD. We can see...
When it comes to the Daily Chart, EURUSD is still on a Bearish Trend, however, on both the 4-hourly and 1hourly chart, EURUSD is on a Bullish trend.
A Bullish Bat Pattern is completing at 1.0221, which is great for intra-day trader. That said, I will still wait for candlestick pattern confirmation as Point C touches Point A.