Considering the volume of entry into the euro currency and its long-term increase, we consider this moment's decrease as a price correction and determine the target for the increase again. The first target is marked with a green area and the second target is in the range of 1.08950 The third target is in the range of 1.09200
Validity : Monday Afternoon 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 4 Hours Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION & EMOTIONS HAS NO VALUE IN THE MARKET Our motto is to help each...
I know you want a flag or a breakout or an indicator to tell you where the price might go. Even if I would come up with it I would immediately ask myself what is the risk reward for this setup and what is the PROBABILITY? This simple magic trio of mathematics is the cornerstone of any profitable approach in the markets, yet people don't even understand the concept...
A falling wedge is a technical analysis chart pattern that is used to identify a potential reversal in the direction of the price movement of a financial asset, such as stocks, commodities, or currencies. It is considered a bullish pattern, often signaling that a downtrend might be coming to an end and an uptrend could be about to begin. Here's how it works: ###...
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): Monday to Wednesday the market has been pumping on the...
hello traders this my 1:4 risk reward setup institutional tactics strategy if you like my idea please hit the like button follow coment and subscribe and show some love wish you good luck and good trading
EURUSD New Forecast The price has reached the target mentioned in our previous analysis. Currently, a correction is anticipated to adjust momentum. However, the overall trend remains bullish as long as the price trades above 1.08030. Stability above 1.0883 will signal the start of a new bullish trend towards 1.0992. Key Levels to Watch: - Pivot Price:...
EUR/USD remains under slight bearish pressure, trading just below 1.0850 after a modest decline on Thursday. With no major macroeconomic data releases on the horizon, investor focus will shift to statements from Federal Reserve officials for further market direction. Gold maintains a positive bias on Friday, holding steady above $2,380. The benchmark 10-year US...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once bounced from support level and fell to support line of channel. Then Euro at once bounced up to support area, some time traded there, and soon broke $1.0725 level again. Next, price rose to resistance...
Preferred direction: BUY Comment: It didn’t take long for us to realize our previous trading idea for the euro . At the moment, we have the fact that the target has been fixed. Today, the market's focus will be on the US CPI , against the backdrop of which we expect another short-term growth in favor of the main competitors of the US dollar. The most...
There is a possibility of making inverted head and shoulder pattern in 5 and 15 minutes chart. so still looking for a buy opportunity. Use proper risk management. Thank you
Looking for a buy opportunity. Reasons: 1. breakout and retest on the support area, which i drawn 2. making a double bottom Pattern in 5 and 15 minute charts. Use proper risk management. Thank you
As EUR/USD carves a pattern on the Forex landscape, the recent actions and statements from central banks play a crucial role in dictating its trajectory. Here's a deeper dive into its current position and potential moves ahead. Technical Analysis: EUR/USD is trading within a short-term descending channel. The currency pair shows resilience, balancing above a...
This day the EURUSD faces news from European industrial production, tobacco, energy and food sectors. There is also a statement from Vice President de Guindos at noon today. The data reported by the US yesterday was quite poor with a similar result to expectations, in the case of manufacturing production slightly better than expected, and the Fed's inflation...
The euro has posted slight losses on Friday. EUR/USD is down 0.28%, trading at 1.0837 in the North American session at the time of writing. The April inflation report showed that headline inflation remained steady at 2.4% y/y, holding at its lowest level in almost three years. Services inflation and energy prices declined, while food, alcohol and tobacco prices...
In Wednesday’s New York session, the EUR/USD pair surged to a monthly high, nearing 1.0870. This rise in the major currency pair was fueled by developments such as the United States Consumer Price Index (CPI) easing in line with estimates, and the monthly Retail Sales figures remaining stagnant for April. The anticipated decrease in price pressures within the US...
Precision Trading Unveiled: A Symphony of Smart Money, Fibonacci, Timeframes, FVGPS, and Displacement In sculpting my trading strategy, simplicity takes center stage as I navigate markets with naked charts, harnessing the power of Fibonacci levels across specific timeframes—most notably, the critical 1-hour, 4-hour, daily, and weekly charts. Diverging A...
Pretty much self explained chart. All based on technical analysis. Peace.