This an example of a bullish big shadow and how i would trade it.
This an example of a bullish big shadow and how i would trade it.
Eu has been on a downtrend for a while, tho you should manage your risk appropriately due to the coming CPI data that's coming this week.
Eu has been on a downtrend for a while, tho you should manage your risk appropriately due to the coming CPI data that's coming this week.
EURUSD is currently stuck between 2 important daily structures. Depending on the market movement next week, I see 2 potential scenarios. Bullish If the market breaks and closes above a resistance line of a huge falling wedge pattern on a daily, a bullish continuation will be anticipated at least to 1.083 level then. Bearish If the price violates 1.0724...
Good morning Traders Going into next week we have EURUSD on our watch list for sells. currently waiting for a pullback to 1.07280 for break and retest will being looking to push back to swing low
I would prefer to exercise patience and await a retracement to either the Fibonacci retracement level or the four-hour order block, prior to initiating a long position at 1.07115. This level additionally presents a favorable discount on the four-hour timeframe. My initial objective would be set at 1.08680, with a secondary target of 1.10300.
Hello traders, we want to check the EURUSD chart. The general trend of the market is bearish and the price has pulled back to the specified key level. We expect this level to act as a resistance level and the price will fall to around 1.06800. Good luck.
It is nicely follows the channel. Now it is time to sell EURUSD! Expected to drop to the lowest channel line (near to daily support - blue line).
Good weekend guys, we made a huge profit last week, if your current account is in the red, or you are a new trader, you can contact me, no matter how much money you have, I can help you!
Here I have EUR/USD on the Daily Chart! This Spring of 2024 we can see Price of EUR/USD has kind of been "trapped" where you can see the Highs in March begin to follow a subtle Falling Resistance from the Local Resistance Zone, then CONFIRMED by the test of said trendline early April and NOW early May where we see Price has come to rest just below our Falling...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Let's see , long for eurusd for me :) At the same time i am also bias to short USDCHF USDMEX (Mexican Peso) Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed...
Raid above the buyside is done, heading down to the CE , let see how the reaction is over there , if it doesnt hold , then it is likely heading to the double bottom , the thursday low and previous friday low. , but overall , it is bullish idea
The last bullish rally before retracement was 170 pips. (half this can be SL) The last 3 bearish moves from top of the channel have been 350+ pips Price will likely fill the wick from May 24th touching the top of the channel. IF A BREAKOUT HAPPENS BE CAREFUL AND ONLY BUY AFTER BULLISH AND BEARISH CANDLES CREATE HH. WE ARE LIKELY LOOKING AT A BEARISH MOVE...
This Chart is printing continuous Bearish flag pattern but there is a point D where it will be Potential Reversal Zone where the Trend will be Bullish .It is also called harmonic Reversal Bullish pattern. Entry Point Sell Stop:1.05957 Stop Loss:1.08159 Lot Size:0.21 TP1:1.03820
Trade study using Asian range. Trade went below opening candle in London session indicating bullish but wasn't noticed. Price also took the Asian lows before moving up. Price then consolidated before taking the Asian high, then took the recent swing low at lower timeframe indicating out POI. Price then eventually achieved our target Price Asian range low then...