EURUSD 7/06/2021 - WEEKLY FORECAST TF 2HHello Traders!
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the eye signs.
Heart in the box - a place to take profits
Eye sign - spot to jump in, or watch
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool.
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EU
EU- EUR / USD ANALYSIS UPD- 31st-4th- BOLO For PAM Signal/SetupS / S = Signal / Setup
PAM = Price Action Market...
BOLO = "Be On Lookout" "Be On The Lookout"
As Of Right Now I Have Adjusted The Key Weekly Time Frame Chart Market Level... The Bullish Pin Bar Has Protruded Through The Key Support Level To Where It Has Now Pulled Back... Entry Was Taken At The Break Of The Pin Bar's High.
*****Wait For The Market To ACT... Then As A PRICE ACTION MARKET TRADER... You Will REACT...*****
ON ALERT:::::::
As Of Right Now... I Have Adjusted My Key Chart Level And The Result Is Now That... There Is A BULLISH PIN BAR Signal At The Key Support Level... The Trend Is Up On The DTF Chart. The Trade Has Been Initiated...
EU- EUR / USD ANALYSISEUR / USD- EURO Vs. UNITED STATES DOLLAR- Daily Time Frame Chart Analysis + Market Bias/Market Trend + Key Weekly & Daily Time Frame Chart Market Levels ✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬
#1. D1-DTFC MARKET TREND
✬- MARKET TREND / MARKET BIAS- THE DAILY TIME FRAME CHART MARKET TREND / MARKET BIAS-✬
MARKET TREND / MARKET BIAS- The Overall Daily Time Frame Chart Market Trend As Of Right Now Is - The Market Is In A Bullish Trend
The Market Has Been In An Uptrend Since The 23rd Of March, 2020
It Has Been Constantly Rising And Making HH- HIGHER-HIGHS & HL- HIGHER-LOWS
1. The Market Began Pushing Higher Up Where It Broke Thorough The Key Daily Time Frame Chart Market Level Of Resistance At 1.19535 Where Price Then Consolidated For About 2 Days... Then Continued The Push Higher Up
2. Price Then Pushed Higher Up Where It Broke Through The Key Daily Time Frame Chart Market Level Of Resistance At 1.20555 Where It Then Pulled Back And Encountered A Key Daily Time Frame Chart Market Support Level At 1.9960...
3. Price Then Pushed Higher Up... Broke Past The Key Daily Time Frame Chart Market Level Of Resistance At 1.20555... Then Pulled Right Back Down To The Key Daily Support Level At 1.9960... Where Price Skyrocketed Immensely
4. As You Can Clearly See There Was A Pullback To The Key Daily Time Frame Chart Level Of Support At 1.20555
5. Price Then Pushed Higher Up Where It Experienced Some Consolidation And Some Interaction With The Key Weekly Time Frame Chart Market Level Of Resistance At 1.22465... Price The Pulled Back... Where It Created A BULLISH PIN BAR... Buy Signal...
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#2. W & D1-TFC KEY MARKET LEVELS
✬- KEY WEEKLY & DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE-✬
Analysis Of The Weekly Time Frame Chart & Analysis Of The Daily Time Frame Chart
The Weekly Time Frame Chart Market Levels of Resistance & the Weekly Time Frame Chart Market Levels of Support- Shown On Chart
The Daily Time Frame Chart Market Levels Of Resistance & the Daily Time Frame Chart Market Levels of Support- Shown on Chart
THE KEY WEEKLY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE ARE:
A Key Weekly Resistance Level At- 1.23516
A Key Weekly Resistance Level At- 1.22465
A Key Weekly Support Level At- 1.17005
THE KEY DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE ARE:
A Key Daily Support Level At- 1.20555
A Key Daily Support Level At- 1.19960
A Key Daily Support Level At- 1.19535
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#3- PA MARKET TRADING SIGNALS / SETUPS
As Of Right Now I Am Only Looking For PRICE ACTION MARKET TRADING SIGNALS / SETUPS That May Form / Develop At / From That Key Weekly Time Frame Chart Market Level Of Resistance
✬✬✬✬✬BE ON THE LOOKOUT FOR THE FORMATION / CREATION OF PRICE ACTION MARKET TRADING SIGNALS / SETUPS THAT MAY FORM AT Or FROM THAT KEY DAILY TIME FRAME CHART MARKET LEVEL OF SUPPORT✬✬✬✬✬
✬✬✬✬✬AS THE WEEK PROGRESSES THE MARKET IS SUBJECTED TO CHANGE THROUGH PRICE ACTION MARKET MOVEMENTS...SO BE ON THE LOOKOUT AND STAY ALERT✬✬✬✬✬
✬✬✬✬✬As For That Bullish Pin Bar PRICE ACTION MARKET TRADING SIGNAL... I Will Wait To See What Price Does. I Am A Little Skeptical About Entering Into The Market And Taking A Long Position... Considering The Placement Of That Bullish Pin Bar... I Will Sit On My Hands And Wait For Another Confirmation / Factor Of Confluence Before Entering Into The Market✬✬✬✬✬
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10-14 May EUR/USD buy ideaPrice got higher high on Friday and jumped over the wave 5 of last impulse move. So I would like to buy on correction between 0.236 and 0.382 Fib Retracement or around 1.21250. And targets is 1.222 as February high and medium resistance level. And monthly target is 1.23 as Jan '21 high. Seems like wave 1, so wave 2 will slightly dump the price to .618-.382 of Fib Retracement and then we'll get a great 3rd wave. This all supported by bunch of news for USD this week and forecast for them are not good at all. GL & HF
EURUSD 05/10 - 05/14So last week we saw that push down to start the week as anticipated; however, EU ended up rallying to take out the highs which I wasn't anticipating.
Now we're still looking for that same down move, but we'll likely see a rally into the 1.22000 levels to start the week, then we'll get that move down.
Wait for you sell signals and take em! No longs for me on this pair at all
bullish bias on EUPrice is in a bullish daily channel .also it is above EMA 200 so it is bullish .In daily time frame we can see that 1.2000 support the price and push it up.
So i have a bullish bias on EURUSD first tp can be 1.2250 the next one is 1.2350 and if price breaks this level then can reach to 1.25000.
pay attention to news of this week .
EURUSD - Bearish correctionThe 1.20 psychological level is highlighted here as a significant area of support turned resistance, and although EU has been uptrending through April so far, price again appears unable to recapture the level.
I expect another push down from the zone in line with the daily descending trendline. 1.186 appears to be an appropriate first target area, let's see how this plays out!