We have broken down the trend line and close below of it,
I am expect to see retest of the trend line also the psychological level of 1.71200 and maybe formation of Head and Shoulders as well,
For the week ahead I will take the long and maybe the other week if my scenario is correct, we will see a 1.67000 target in play.
But for the best entry...
The fib retracement for the new Higher Low for eur/usd is necessary for me.
I will take short strategy in order to catch the sell of of the eur against the Usd.
Therefore, from this and my previous analysis I see a more strong dollar this week.
I expect the price pop up, for a new Higher High so I will take the long strategy for the week ahead.
Also the price seems to find support from technical perspective it can retest the previous psychological zone of 1.33000 and after sell again to more Lower points.
Thank You .
Hey to all of you, I hope to have a good trading week.
On weekly chart of Gold we see an open and close of the candle of previous week with rejection formation. Also, I select Short strategy because the key level of 1334.30 works like supply level, indeed the traders in this level sell the gold.
On daily we can see the Higher lower formation with the short term...
The price seems to find a good support at demand zone. If the Buyers take control (that they are trying to do) and breakout from the resistance A
I believe that the price have the power to find the resistance at the red horizontal line.
Entry trigger: Only if we have the break out
Take profit: Red line
Stop loss: 1277.23
Thank You .
In this trading plan I try to apply with the right way some data only technical analysis here.
So we have from price analysis the candle name Hammer with combined RSI (30,70) and SMA(50).
Take profits: SMA (50)
Stop Loss: bottom of hammer candle
Hello to all of you,
Because of the fluctuation on the markets, I thought that it will be useful to do another analysis for updating the latest on Eur/Usd.
After the good news and the decrease of bearish pressure, as we pass the resistance and stable at the first yellow line, we can search for the best entry like I said in the previous analysis.
The strategy we are looking for in this is, Short.
The price has rejected the major resistance with bearish engulfing which is signal that the price may go down,
I don't really suggest to trade against the main trend, which in this case is uptrend but we will see if this works out.
The volatility is low, but the RSI and Stochastic indicates that the...
Hey traders, I'ts ironic how many times this currency pair burned me, but when i see one of my firstly post here it was the reversal H&S in the Daily and Weekly time frame in Euro/Usd, I feel justified. So, lets go straight to our chart, we Trend is obviously Down, the important rule of "We don't trade against the main trend" Its correct and this is an example of...
I suggest to trade in boundaries of supports and resistances. Like in this currency pair we will observe and load our weapons for sell this currency pair in H4 for the WEEK ahead. Firstly, we have to wait until the price touch my resistance and to stay focus, If the price go for stop hunting or false break it's signal that the price may go down...
Hey to all,
We are trying to take Short Strategy for this one, just find the best entry to jump in sell continuation.
Give me like or comments to motivate me if you agree with my point of view.
Hello to all of you,
My name is John Vasilopoulos I analyse currency pairs for individuals and companies If you interesting send me a message.
Here we have some key facts that we have to take a closer look. Firstly, identify the key sell zone that I have drawn for you
it is clear that the sellers would push the price lower. Also, this area work like resistance...
Hey, my name is John Vasilopoulos, i am trader and sometimes i post ideas in tradingview.
Therefore, this is my trading idea after a long time in Gold. We have price analysis and key level of daily resistance and support as well.
The green daily hammer is signal that the buyers have the control of the market for now. So we enter long in this one until the price...
Hey traders ,
Sometimes is better to go with the flow , the flow is the main trend for us ,
In this currency pair i see downtrend continuation to the Target A - the support on daily timeframe
and after math it comes the long term position which will be on the second target that i mention on my graph .
So any Q i will A in comments if you agree like and...
Hey friends ,
For me , i am waiting the sell of in this pair , I was trapped but i remain in my main bias as always .
I see higher lows in this 'down trend' and i analyze the daily chart for info ,
I place sell order with stop loss in daily resistance or for the biggest account you can put the stop loss in pink spot that i have mention.
Our targets will be at...