Hello everyone, I hope all is well and welcome to a new trading week. In this video i have reviewed some trades that we took this week. Although was wrong on some ideas we had the winners outweigh the losers. Currently the market is in a make or break moment and we might have the Santa Rally for indices till FOMC. With NFP in sight i think we might...
D: Uptrend, respecting the lows 4H: Uptrend, price retraced 78.6 and returned to 4H zone so far 1H: Uptrend, price retraced 50% and continued long CURRENTLY: I'm looking for price to drop and retest resistance as support and go long to upper resistance zone
D: Uptrend, respecting the lows 4H: Uptrend, price hit -61.8 @ 4H zone + bearish divergence AND overbought 1H: Uptrend, price retraced 100% and hit -27 CURRENTLY: I'm looking for price to break and retest upward trend and go short to previous support @ monthly key leel.
D: Uptrend, price retraced 61.8% 4H: Uptrend, but price broke trend for the sell 1H: Downtrend, price broke below and retested trendline and support/resistance zone for the sell CURRENTLY: I'm looking for price to go short to -27 on minor structure fib @ previous 1H zone, near monthly key level Passible TP2 @ -61.8, near another 1H zone
Euro to the US dollar being one of the only pairs that looks like it may be difficult this week the reason for this is we are still within a strong bearish range when overall the narrative we believe is going to shift bullish we'll monitor this over Monday session to see how it shapes up in comparison to its correlated pairs overall I believe the swing high is...
price action in EURUSD currently contains the most confluences that I have ever seen.. from the monthly, all the way down to the minute chart, the 618 level seems to be in play. Take a look for yourself and let me know what you think. This type of price action is a sort of "white whale" in Fibonacci trading
For me the EURUSD has risen quite a bit, what it should do is go down to take more liquidity, don't forget it is a matter of probability
this pair has broke our ascending channel and he's retesting it once it rejected it we are getting into a short (sell) position
1) Weekly chart still in downtrend (below 200EMA) 2) Retesting historic parallel channel cleanly (wick rejecting can be seen) 3) Rejecting 0.618 Fib 4) Catching the handle of a potential C&H pattern TP at the last demand zone + Weekly FVG. To secure partials along the way.
Hi traders, Last week EU went up to a 4H supply zone and after that it dropped. This could be wave 1 of (red) C. Price did not close under the swing low so the swing high is weak and could be sweeped. So next week price could make a correction up into the 4H FVG and drop from there for wave 3. Or it goes up again to sweep the swing high. Trade idea: Look for...
The monthly chart for EUR/USD indicates a notably bullish trend in November, with the candle engulfing the previous two months. However, the current December candle shows signs of weakness, although the RSI remains flat above the midline at 52.62, and the MACD continues to print green bars. Moving to the weekly chart, last week witnessed the opening of price with...
EURUSD offers a spectrum of opportunities catering to both buyers and sellers. For those eyeing a buying opportunity, consider confirmation at the current price for a structured trade on the 4-hourly chart. Alternatively, trend traders might await a retest around 1.0688, targeting a bullish shark pattern setup. On the flip side, if shorting is your preference,...
Dear Colleagues, last week we saw a strong decline in the price, but then the price returned to 1.08789. This means that the bulls have more strength and at the moment I am considering a small correction to the support area 1.08520, then reaching the target resistance area 1.09582. Manage your capital correctly and competently! Only enter trades based on...
After briefly reaching the 1.10 mark, the EURUSD experienced a significant sell-off, surpassing our initial expectations. Nevertheless, the overarching uptrend remains intact. The pronounced hidden divergence in the PVT, coupled with the signal line crossover, suggests that the resumption of the long-term trend is already underway. We anticipate that the EURUSD...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will rise to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
Hello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. If the price cannot break this level and stabilize above this level, we expect the upward trend to be maintained and the price to grow to around 1.10500. Good luck.