EURUSD Break my overall bearish trend line and creat a new bullish trend above one of my minor level around 1.07448 - 1.07715, and the market continues to respect the bullish trend all the way to my first level target of profit around 1.08380 and the market try to retrace to the downside for fibbonacci once the market respect it and continue pushing up.
I think EUR/USD will move a bit higher based on the 20-hour moving average.
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This is not a recommendation to buy or sell or to invest, it is only placed to increase your information.
Investing in the financial markets requires sufficient training and high-risk acceptance.
A possible short-term sell analysis for the EUR/USD currency pair involves an anticipation of the price taking out the internal liquidity quotient (LQ) and mitigating the hourly order block. In the interest of securing good entries, confirmation is necessary after mitigation. It remains to be seen how the situation unfolds.
ive gone over my trade and updated you on the current position
will continue to update daily will my own thesis on where I think markets ore going and my current position etc
The EUR/USD pair is currently trading at 1.07306, maneuvering near the lower Bollinger Band in a 4-hour time frame, which often suggests the market could be nearing an oversold condition and might anticipate a corrective move towards the mean, represented by the middle Bollinger Band at 1.07511. The RSI at 44 signifies a bearish momentum, yet not strong enough to...
Good day, traders.
As we examine the EUR/USD chart, the currency pair is currently navigating the 1.08 level with precision, evidencing minimal movement from the opening. This consolidation reflects a period of equilibrium, with the previous day's trading leaving little in the way of change.
The Bollinger Bands indicate a period of compression, often preceding...
Hello traders!
Pretty much all parameters are neutral, if the price respects level 1.08 we could see a retest of the 2024 low.
Pattern scan shows that there is a 65% chance that the price could move 100 pips lower or below 1.06
Best of luck!
#pmt
#follow
Hello friends
Diamond pattern and the probability of falling. The 4-hour timeframe is overbought and the best time to start falling. The Federal Reserve's delay in reducing the interest rate can also confirm the continuation of the fall and the formation of the AB=CD pattern. (1.03)
After failing to break past the 15M breaker twice I'm expecting price to head down for liquidity placed around 1.0791 if this area is then hit then my next target would be the liquidity below 1.0761
The next important EUR/USD news will be the upcoming Federal Reserve minutes, which will provide more information about what to expect later this year. In its first decision of the year, the Fed maintained the status quo, leaving interest rates unchanged between 5.24 and 5.51
With the US doing better than Europe, economists believe that the ECB will cut rates...
Traders, we check the Euro-Dollar currency pair in a 1-hour time frame.
It is currently on a supply zone, which if you check in smaller time frames, you can see how well it reacted to this range.
This area can be a good place to enter sales positions.
In the whole these few days, there has been an upward trend in the form of a channel, and the channel itself, by...
In daily time frame there's a inverted head and shoulder breakout which confirms bullish movement from yesterday and in 15 min time frame i have punched a buy position for 1:5 rr
Pair : EURUSD ( Euro / U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement
Break of Structure
RSI - Divergence
Completed " 1234 " Impulsive Waves
hello guys...
as I published before:
from my point of view, this pair is bearish!
why?! you can see the ascending channel broke! the price formed a QM pattern twice!
the first QML(1) was touched and if the blue trenline breaks up the QML(2) will be touched too!
you can enter half of the position now and another half on the QML(2)!
The first target is the...
