In the dynamic world of forex trading, every fluctuation in currency pairs tells a story. The EUR/USD pair, a perennial favorite among traders, often serves as a barometer for global economic sentiment. In recent sessions, its movements have captured attention, offering insights into market expectations and reactions to key events. Yesterday, during the American...
Monthly: 1. Direction: Bearish 2. Reasons: 1. price is disrespecting the FVG. 2. A good Displacement Weekly: 1. Direction: Bearish 2. Reasons: 1. Price respected the newly formed FVG 2. BOS with massive displacement 3. price is moving from IRL to...
tapda and power of 3 entry model test OANDA:EURUSD TAPDA Framework: TAPDA is a comprehensive framework used by traders to analyze various aspects of market behavior. Here's a breakdown of each component: Trend: This involves identifying the direction in which the market is moving. Traders typically use trend analysis tools like moving averages, trendlines, or...
My dear friends, My technical analysis for EURUSD is below: The market is trading on 1.0690 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0630 Recommended Stop Loss - 1.0732 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
4H is swing bearish 15M is swing bearish => Currently there is a reversal CHOCH signal We can look for buying opportunities when prices drop
According to our Analysis, We are bullish for short time unless untill the structure breaks to the downward direction.The SR SL TP are given on the chart.Its according to the Wave theory.
Dear Traders, i expected price going to retest Midline of Channel ! (1.07200-1.07400) and after that we will have downward movement to 1.05500-1.05700 Area ! What you think about my idea? dont forget like&Comment please ! regards, Alireza!
Hi Everyone, I think the story of the EU makes it worth it to enter sells from the points highlighted on the chart. I'm looking at these three Points of Interest, and will see how the market reacts at them.
The price retested the neckline of a head and shoulder pattern with a bearish reversal candlestick. As long as the price remains in the down channel created by the Support and Resistance Speedlines I anticipate the price to remain bearish. I have two lower trade management areas indicate on the chart. I will use lower timeframes to time entries and get a better...
The cloud is contracting and ready to flip into healthy cloud this means that sellers are getting exhausted while tenken sen is already above kijun sen and both are a bit pointing upward the end line point of kijun sen is a bit slighlty pointing upward while the price action wherein fact already showing a healthy bounce back to upward movement but give a bit...
price has been in in major down trend for sometime and now retracing from an impulse. hoping to catch a short trade from the CP pattern as shown. DISCLAIMER: not a trading advice, just my own perspective.
The EURUSD has been consolidating in a diamond formation since a week ago after bouncing off the April bottom around 1.0602. Diamond pattern, when identified after an uptrend, suggests that prices tend to reverse to the downside. Since 8 March, the EURUSD has been on a broader downtrend and the rally since mid April could be a pullback within the broader...
I was thinking it wouldn't break lows before pushing higher but now im almost certain that's tha case. Once news is done we should be clear to go higher after this push down
EURUSD Successful Paper Trade NY 10 am Killzone London created the high. I suspected that price would seek the noted 4 FVG and a key sell side liquidity. I took a tiny scalp coming down. I anticipated a reversal after the second sell side was taken. At 947am candle set up after the low was reached. Price pierced the FVG and reached the .79 for optimal entry....
EURUSD in Bullish Trend with Bullish Flag ( and no bearish divergence) is indicating continuation of Advancing Phase.
🏃♂️ EURUSD is moving in the 🟢 Support zone($1.0695-$1.0626) 🟢, but I expect it to be broken based on the explanation below 👇. 🌊According to the theory of Elliot waves , EURUSD seems to have completed the Double Three Correction(WXY ) in the 🟢 Support zone($1.0695-$1.0626) 🟢. 📈Regarding Classic Technical Analysis , EURUSD has successfully formed an ...
FX:EURUSD LONG TERM LONG IDEA 1.0850 TP As we navigate through the complexities of the forex market, the EUR/USD pair has been a focal point for traders worldwide. With the current exchange rate hovering around 1.07 USD for 1.00 EUR1, the question on everyone’s mind is whether the Euro can strengthen to reach the 1.0850 mark against the US Dollar in...