EU
EURUSD - LONG POSITION (4HR)Confluences:
- Rejection from 51 EMA
- Rejection from 61.8% Fib
- Breakout and retest of the consolidation area
- 4hr Spinning top close
EURUSD 0.618 PULLBACKSO since the move from the previous consolidation we have pulled back to the 0.618 fib three times and rejected with pin bars, now price appears to be being squeezed, price always has retreated to the ema 89 and this signifies to us that we are in fact in an uptrend. Fundamentally we look at the weakness in the dxy index and the dollar, with gbpusd and gbpjpy having made large moves earlier today, maybe we can see eurusd and eurjpy makes its own attempts at a rally.
EURGBP - H1 - Buy - 100 Pip TargetEUR GBP Buy Signal.
- Multiple confluence on long term trend line support
- Earlier dump to be corrected (21/12)
- Weakening Pound after news on latest Covid Variant, Travel blocks from EU & the world in addition to a bleak outlook on Brexit makes Euro an attractive buy
EURUSD EURUSD H1
We might see some correction and retest of the broken high which might get in touch confluence with 200EMA that have been respected by the price over the time.
EURUSD... Rising Wedge and Harmonic Possibility Monitoring.As seen on the chart there is a rising wedge. A reverseal is possible.
At the same time we can see a harmonic pattern. Intead of short position. I will wait for PRZ.
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Disclaimer: The drawing on the chart, given informations and comments are not a Financial Advice.
You can loose your money. Be carefull abaut your risk assessment...!!!
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Bearish Deep Crab (4H)Adding confluence to the Daily Crab , this Deep crab has hit the required measurements of 161.8% XA, AB=CD 127.2% and the 261.8% BC projection.
Reversals of this magnitude are generally volatile processes and take a considerable amount of time.
Expect a large amount of choppy movement as the bears begin to take control back from the Bulls.
Higher time frame patterns should be used as bias for entering trades on lower time frames.
Bearish Deep Crab (4H)Adding confluence to the Daily Crab, this Deep crab has hit the required measurements of 161.8% XA, AB=CD 127.2% and the 261.8% BC projection.
Reversals of this magnitude are generally volatile processes and take a considerable amount of time.
Expect a large amount of choppy movement as the bears begin to take control back from the Bulls.
Higher time frame patterns should be used as bias for entering trades on lower time frames.
Bullish Deep Crab (1H)Combined with the entries of the 4H Gartley and the 1H Butterfly , this Deep Crab had a strong reaction at the entry line, hitting both TP1 and TP2 with out much resistance.
Bullish Butterfly (1H)Forming after the rejection off the Daily Bearish Butterfly entry, the Bullish Butterfly on the 1H time frame manged to hit TP1 off the intial reaction.
All the Harmonic patterns I trade require a minimum of an AB=CD pattern present in their structure to be valid.
The AB=CD of this Butterfly is represented by the Purple 100% line on the chart. When price retested the entry it managed to breach the AB=CD validating the Butterfly and then finding support at the exteme 261.8% BC projection of the pattern.
This retest formed the CD leg of the 4H Bullish Gartley.
Bearish Butterfly (D)The Higher time frame analysis I publish is to be used to form a bias for trading on the intraday time frames.
Price has been rejected multiple times at the Butterfly entry line (127.2% XA) and at the 224% BC projection.
Although the 224% BC projection aligns closely with the 127.2% XA extension, price may potentially push higher to the extreme 261.8% of BC before the move to the downside occurs.
Due to TV's subdomains for languages I have published copies of my ideas to each.
EURUSDEURUSD potential 15m scalp after this little pullback. rvi bullish cross to signify change in short term trend
Bullish Gartley (4H)The Higher time frame analysis I publish is to be used to form a bias for trading on the intraday time frames.
Price has managed to hit the first take profit level of the Gartley , continueing the bullish momentum beyond the entry level for the Daily Bearish Butterfly .
The strength of the bearish pressure at the 1.21226 entry level of the Butterfly has managed to hold price back from hitting TP2 of the Gartley .
Bullish Butterfly (D)The Higher time frame analysis I publish is to be used to form a bias for trading on the intraday time frames.
Price has been rejected multiple times at the Butterfly entry line (127.2% XA) and at the 224% BC projection.
Although the 224% BC projection aligns closely with the 127.2% XA extension, price may potentially push higher to the extreme 261.8% of BC before the move to the downside occurs.
Harmonics in Seconds: Hedge TradingHow to hedge trade using Harmonic patterns.
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1.2011 EU maybe eu go down to 1.20. maybe it go to 1.17. maybe it go up to 1.25. but maybe 1.20 first wherever. be awesome if maybe 1.17 or lower. let's all agree to short. but if you get rekt, welcome to Club Bear.
fundamentally, usa is a hot mess. that's bullish yes?
EURUSD 1HR MINOR CHANNEL TRAJECTORYOANDA:EURUSD
Hello traders we have a minor channel where EU had been traveling and making its way to the top of the channel where resistance was hit for a pullback.
We could experience some more downside, but with the current geopolitical environment nothing is clear cut and dry.
the charts allows us to focus more the price action and follow direction without having to worry about politics.
