Some ideas of possible operations on Future FX 6E for the next few days. I intend to apply them as intraday hedging positions, as an alternative to my usual scalping. Specifically, before carrying out my possible operations, I will need to have volumetric confirmation and volatility indications that reflect the previous conditions to determine a real interest in...
in my idea and technical say eurusd target is fibo 161% near 1.064000 and in longh trem will see 1.14000 =fibo 61% weekly chart above green arrow when buy pinbar comes on 1hour or 4hour or daily chart ,dont fear pick buy and hold it 7-10 day i strongly advice dont pick sell signals ...only looking for buy in deep and pick buy when pinbar comes with... SL...
As we note The euro has broken a strong collecting area With an increase in the volumes of buyers, which confirms that we will notice a strong rise of the euro in the coming days
Type : Bearish Drop Resistance :1.01020 Pivot: 0.99945 Support : 0.99945 Preferred Case: On the H4, with the price moving below the ichimoku cloud, we have a bearish bias that the price may drop from the pivot at 0.99945, where the 38.2% fibonacci retracement are to the 1st support at V, where the 61.8% fibonacci projection and swing lows are. Alternative...
on daily chart i belive eurusd will see 1.08500 soon but for short term , dont close your buys sooner than fibo 61% 1.03600 SL= last clear low (4hour) good luck , if eurusd go up , dont open reverse sell , it can go up wild , only under red arrow we can pick sell
euro is showing a bearish confirmation, now you can sell euro with a high probability
we can see DOUBLE BOTTOM pattern , so if price break trendline (1hour) near 1.05500 can fly up so dont fear put buystop , SL=low try hold it 7-8 day to 1.1050 area (fibo 61%), dont close it soon , after 50 pip move sl to open price ,let it go more if low break , eurusd can crash to new low around 1.000 (buylimit place for hold 20-30 day to new high ) if you...
With the break of the 50 MA and the current resistance (now support), there is much to like about this trade. EURUSD has a memory like an elephant, remembering these old levels... And as the dollar (DXY) is trading inverse to the SP500 (which is getting stronger) there is reason to believe that the EURUSD is poised to make a break for higher ground. This makes...
technical say 2 scenario possible , 60% break 1.08400 and go upper to fibo 61%=1.10500 or weekly chart fibo 61%= 1.15000 or 40% pullback down and start new down wave to red fibo 161% =0.97000 above green arrow we can buy for hold to next high with SL in 4hourlast low personaly i advice dont pick sell , looking for buy when pinbar comes on high time...
Basically the same idea that I posted last week about the Bearish Divergence in $DXY but more time has passed, and it looks even more pronounced in the Euro itself. Pick your poison: /6E, /M6E, EURUSD are all good Long candidates to play this idea. Another good option could be to short /SFX - which is the Small Exchange's US Dollar Futures contract. If you don't...
in coming days,look like eurusd want touch around 1.17000 support ok? then can fly up to fibo 61% alert=if low break,eurusd can crash to 1.15000 best orders for now is buylimit on 1.1711 and buystop on high (hold min to fibo 61%) note=despite eurusd can go down,but main trend on daily chart will + up ,for this we prefer buy in deep ,hold 10-20 day to high
can you see this big red trend(draw it on your trade platform) and 2 fibo (4hour and daily chart fibo) so red arrow is very important place =1.18460 this big trend break is Turning point , break it will start wild + trend on eurusd to minimum 1.2000(fibo 61% of daily chart) or fibo 161% =1.26000 note=on daily chart ichimoku cloud is in 1.1870 too...
buylimit place is clear with 50 pip SL after buylimit open, hold them min 20 day ,dont close soon ,soon or late eurusd will see 1.22000
on chart big orange line is DAILY EMA200 thin orange line in upper is daily SMA200 if you have sell , you must put sl on that high(4-5 point above high) ,if you have buy,you must put sl in low or hedge sellstop (4-5 pip under low) note=in index like dax or nasdaq EMA200 (exponential movin avrage) is most important moving avrage in forex,gold,crypto SMA200...
Euro is in downtrend below EMA200. This is my forecast for the short position.
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