In my analysis model, I focus on a bearish structure, where I identify the so-called "false demand zones" (SM Trap). It all starts with a supply zone, where the price begins to decline, creating a liquidity zone with a double bottom. Subsequently, the price retests the supply zone, declines again, and breaks the false demand zone, generating another one. Then, the...
Dear friends, Today, EURUSD continues to trade in a downward trend. At the time of writing, this currency pair is trading at 1.0771 and is gradually forming price reactions around the EMA 34 technical indicator. Currently, the US dollar is struggling to find demand after Tuesday's decline and is helping this currency pair maintain its position ahead of the US...
If he breaks the structure and comes back to me, then I'll come in with a sell limit.
I have taken a short position on EURUSD as the price has reached a supply zone. After conducting a thorough analysis of the EURUSD chart, I have identified an interesting opportunity to enter a short position. The price action has recently reached a significant supply zone, characterized by a concentration of sell orders. This area represents a strong resistance...
I want to try this sell, in my opinion probable reversal. The real key regardless of any strategy is to have a decent risk/reward . You win and you lose , so be cautious. No financial advice, do your own research.
IM in a uptrend as you guys can see I'm waiting for a break above the zone or rejection signal to confirm my entry
It seems that the one-hour time frame is close to oversaturation and the 4-hour time frame is on the upward path. This is a war between two time frames and it has to be seen which one will win. Economic data has been down for the past few days, but the general policy of the Federal Reserve and the whisper of interest rate cuts are up. According to the conditions...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Market Analysis: EUR/USD Drops Again EUR/USD started a fresh decline below the 1.0810 support. Important Takeaways for EUR/USD Analysis Today The Euro struggled to clear the 1.0900 resistance and declined against the US Dollar. There was a break above a short-term bearish trend line with resistance near 1.0750 on the hourly chart of EUR/USD at FXOpen. ...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
EUR-USD fell down but Has reached a horizontal Support of 1.07361 from Where I think we will See a bullish rebound !
Euro in 15 minutes time frame It has a downward trend And he showed a lot of resistance in the London session And our expectation It is in the extreme order block which with confirmation 1 minute We can have a great entry Smart Money Hunter Liquidity
My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0770 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.0841 Recommended Stop Loss - 1.0730 About Used...
Here is our detailed technical review for EURUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.073. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.081 level. P.S Overbought...
EUR/USD remains a focal point in the FX markets, especially post-FOMC announcement. The currency pair has been trading within a descending channel, indicating a short-term downtrend within a broader context of market anticipation regarding rate decisions on both sides of the Atlantic. Technical Analysis : EUR/USD is rebounding from the channel's support level...
Expecting a drop to the downside and a buy from the downside. Quick analysis
EURUSD wished half percent in the bearish. Following may be the strong ideas to shows that EURUSD will fall nearly and will uprise accordingly. European are underperformce with US shared currency. Russia is going to get rid of the Euros in the wealth fund in the future. Inflation risk are still upside but the growth rate and risks are in the downside and also...