Hi y'all, hope you are doing well. Possibly it could follow the uptrend now. If it break out the strong support area, It might be a nice chance to sell. Keep eyes on it. Let's GOOO. All the best lads!
EURUSD in bearish trend. Fib retracement is used to decide the entry point. Stop loss also given
EURUSD crossed and closed today under the MA50 (4h) for the first time since November 1st. That is a medium term sell signal as the former Support now turned into Resistance. On the long term the Bullish Megaphone pattern has a considerable downside gap to fill should key Support levels break. Trading Plan: 1. Sell on the first minor bounce near the MA50...
According to the previous analysis, the EURUSD currency pair has started to correct around the resistance zone, which after a complete cycle can continue the trend in the specified support zone to retest the previous ceiling. But to confirm the continuation of the process, you have to wait for a double floor, one floor higher to continue the path. In the open...
As we show in the title that the market will go up because of manipulate the market by Olympic trade platform, Currently I'm selling in this area and for that the market will go up because on a book trade always doing like this whenever I enter
There are a huge number of trading strategies in trading, however, there are some that significantly prevail over all others. They are based on the concept of liquidity. Let's look at them in detail. ✴️ STRUCTURED LIQUIDITY Swing High and Swing Low are market highs and lows respectively, and Equal high and Equal low are equal market highs and lows...
Price moves for two reasons in Forex- to fill imbalances- and to areas of liquidity aka Timmy-Jimmy-Bobby-Karen-and James nem Stops and Limit orders :) This is the 4hr TF of EURUSD. This is the beginning of a very strong downtrend. There is a HUGE Edge to be in on a trend when it starts. We are going into the last month of trading and the market consolidates and...
Eurusd has entered a strong resistance zone from here we can see collection of liquidity and a move downward next week if it goes up more I'll keep adding my sells it'll fall back to fair value soon
Looking at the chart of EURUSD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Eurusd trend that had been triggered by fundamental data in the middle of November is likely to continue above 1.10 until next CPI/NFP/FED releases Dec 8 - 13 (that is when we might see a major reversal). So far there are no reasons for trend to reverse, except the fact we hit a resistance at round level 1.10, which is likely to be broken again. Price is likely to...
EUR/USD Pair Faces Headwinds: Technical Analysis and Fundamental Factors The EUR/USD pair is experiencing a downward trend for the second consecutive day, retracing from its recent peak of 1.1017, the highest level since August 10. In this article, we delve into the factors influencing this decline, combining technical analysis with recent fundamental...
daily is forming a downtrend. if the price closes below MA10 and breaks the green diagonal resistance line sell daily entry= 1.08890 SL=1.10205 TP1=1.05305 TP2=1.02000
Moving averages (MA) serve as foundational tools in technical analysis, offering insights into market trends and potential entry/exit points. This article delves into the comparison between two primary types: Simple Moving Averages (SMA) and Exponential Moving Averages (EMA), providing traders with a comprehensive understanding of their differences,...
EurUsd blew bearish past potential gaps and OB's. Keep an eye at this level to see if we reject and continue to trend bullish for the rest of Dec.
Dear Colleagues, the price went up confidently and now I have redrawn the waves. Perhaps the price is completing a five-wave structure and soon I expect a correction to the support area of 1.08664. From now on I consider only short positions! Manage your capital correctly and competently! Only enter trades based on reliable patterns!
SLO @ 1.1225 ⏳ TP5 @ 1.1125 TP4 @ 1.1075 TP3 @ 1.0895 TP2 @ 1.0780 RESISTANCE @ 1.0666 TP1 @ 1.0615 BSO @ 1.0505 ⏳ -SL @ 1.0475 🚫 SUPPORT @ 1.0445 😭 PA pushed well below our previous Pivot Low and triggered our Stop-Loss. However, I'm going to stay true to my original analysis and shoot for a long AGAIN. Keep in mind PA could still retrace back down to the...
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08600 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08600 support and resistance area. Trade safe, Joe.