double bottom on a maxed out daily atr.. expecting a correction before anymore bearish EUs
Long term trend is up. Price hit a resistance level and retraced a bit. Right now price is retesting a fresh demand zone on 1.0923 and my prediction is the uptrend will continue.
↪️EURUSD is trading in a highly robust bullish trend along an upward channel pattern. There are two significant bearish breakouts on the pair, the value breached and concluded beneath a support line of an increasing parallel channel, and the value transgressed a flat demand zone. Seek chances to sell from the retest of the disrupted structure. I anticipate a...
A collection of opportunities for this week and next week
Based on the chart, you can notice color's at the bottom! These represent the Quartely Theory, which fits perfectly with what we see. We have AMDX A: Q1, we see Accumulation M: Manipulation, we see highs that will form D: Distribution, Where we reverse from the HTF PDA formed by Q2 X: Continuation or reversal. Since this could be a reversal, we could still...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURUSD chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
eurusd long idea no divergance smooth uptrend sl tp mentioned and instant buy
EURUSD had been in a strong uptrend and I believe it has the strength to keep the momentum going. From this zone, we could see a nice push up. What do you think? Like comment and follow!
In daily timeframe there is a head and shoulder spot on. If this zone is a reversal zone then EURUSD develop the right shoulder and will looking for short. Need go in small timeframe for more confirmation breakout and other signal etc.
Hi folks today I'm prepared for you Euro analytics. A few days ago price rebounded from the support zone, which coincided with support 2, and fell to the trend line. Then price bounced from this line and started to rise. In a short time, the Euro rose to support 2, broke it, and made a retest, after which it rebounded and made a strong impulse to support 1, but...
Preferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)
Wait for pullback to green lines and sell this pair and take profits at orange lines on bottom Sell 38 fib level to 338 fib level 🤔 However if price breaks thru green lines and closes above wait for pullback to green lines and buy back to where it last sold
the pair still in bullish side as we see and high frames. I'll wait for the price action in hour candle to be close to green and above last candle, then I'll go for buy with small risk management.
This looks very much convincing for buy, but confirmation is needed here
The price is above the average of 500 in the 30-minute time frame, and also the floor of the hypothetical channel, if this floor does not break, it can return to the upward path.
Having retraced to 1.091 at the last day of the month, I am expecting EUR to gain more strength as this seems to be a retracement on the 1hr timeframe. I will monitor this closely to see how we react during US high impact news
Weak Eurozone data disappoints EUR bulls, for now. We expect new support will emerge soon at the circled area. -Elbruks Team
Hello,Friends! We are going short on the EUR/USD with the target of 1.095 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅