Didnt get the retracement you'd typically like to see, so we could see a sneaky slight push lower before putting in the actual move lower as depicted here, but so far it seems like we aren't getting that deep pullback and the waves are all there on the lower fractals...sooo this could be super bearish for quite some time.
Short term Elliott Wave view in EURUSD suggests that cycle from 12.28.2023 high is in progress as a zigzag Elliott Wave structure. Down from 12.28.2023 high, wave A ended at 1.0694 and rally in wave B ended at 1.098. Wave C lower is in progress as a 5 waves impulse Elliott Wave structure. Down from wave B, wave ((i)) ended at 1.072 and rally in wave ((ii)) ended...
EURUSD has been bearish for a while now. Price refuse to mitigate the last BOS , price reverse instead causing a Choch And by so doing we go Long
I believe we would continue going higher during the start of next week until we get to the first sell zone and may start to go down again or even go higher and reach the second sell zone and then go down. We have 2 extreme scenarios as well, one bullish and one bearish: Bullish set up is that we break above red line then we would go for the highest red box as long...
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Hi dear traders , Here on EURUSD chart I have spotted that due to strong USD and technically due to the strong bearish pressure during last week there could be a nice short opportunity here on this pair .lets keep this pair on our list . Hi dear traders , Here on USDCAD chart there was a nice bullish momentum last week ,so the price finally broke above our strong...
This is my new strategy, I have been mastering, last week on demo, this strategy, made me $12 000 on demo, the liquidity might be swept, due to Monday volatility, that could be a possibility, but hey probablitiy is probability, risk management is key and understanding your A+ areas is better than F-. Weekly POI, Monthly Accumulation, Distribution might be an...
On 15M timefrime sell side liquidty swept, expecting a retracement back in to the 1H FVG, and from there back down to continue the downward trend. TP1: Asian low liquidity: TP2 Open
Hello for next week I am looking to long the eurusd pair around 1.08 area. This is because the price is aleady around the weekly strong support and moving to the weekly resistance above around 1.093 - 1.094. To add, if you look at the h4 timeframe, there is a resistance becomes support and this is a good indicator of it to move upwards. Strategy - swing...
Overall, the EUR/USD pair continues to maintain a downward trend. News reports of escalating tensions in the Middle East have spurred a flight to the US dollar (USD) as a safe haven, leading to the decline of the EUR/USD pair. However, upon examining the chart, clear signs of correction and recovery are evident. It is anticipated that the price will test the SMA...
The EUR/USD pair has witnessed a notable recovery above the 1.0650 level. Reports of escalating tensions in the Middle East conflict have prompted investors to shift their focus towards the US dollar (USD) as a safe haven, leading to a decline in the EUR/USD pair. From a technical standpoint, although the price is still maintaining a downward trend, signs of a...
EURUSD is showing bullish divergence and it break its Last LH which shows potential HH buy on CMP As last lower LH Break
Eurusd has gone through a very bearish week, On friday , the orderflow is changing to be bullish .it is likelt to take the Buy side liquidity for the draw to drive up higher.
Hi traders! I think EURUSD is still in bearish momentum and this will continue to 1.05540 level. So if you are is short, keep it and enjoy your profit!
EUR/USD analysis on 19/3/2024 On the D1 timeframe: the main trend is downward. However, at the current moment, the RSI indicator has entered the oversold zone, meaning that there is a chance for a reversal here. On the H4 timeframe: After a decline, the RSI indicator has also entered the oversold zone, and at the same time, the RSI indicator is showing signs of...
I think the consolidation is too clear, isn't it ? The closest zone is the marked support zone, do you know what that means ? It means we have liquidity baby ;) Keep it Simple! If you like it, don't forget to follow me :)
Recently, the situation in the Middle East has been relatively stable. Although Iran and Israel have their own quarrels, no obvious conflict has been seen, which means that the two sides have reached a certain consensus and have entered the stage of quarreling. As long as either party does not cross the threshold, the overall situation can be resolved. Therefore,...
Pair: FX:EURUSD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action has some support trend-line holding it - Horizontal trendline looks like a demand zone across the years - Horizontal trendline (Red) is at the 1% Fib Extension Level -...