EU
GBPUSD - SELL OPPORTUNITYLooking for a potential GU SELL, targeting TP AREAS. (30+ PIPS)
Looking to bank 150 PIPS if market holds bearish momentum
Trade Safe
Entry Criteria
- Strictly looking to execute entry on price action, reversal candle, exhaustion candle
- If price breaks through sell area 1 with bullish momentum, look to take sell in sell area 2 (Price Action etc)
- Apply risk management according to what suits your trading style
Targeting price area 1.220 , If TP Areas 1 & 2 are broken with strong bearish momentum (150 PIPs)
EURUSD Swing Trade LongGood Day all,
Here is my current analysis of the FX:EURUSD going forward. Please read the entire passage to understand why I am swing trading this majorly.
We still have some bearish momentum shorter term left and therefore I have already cleaned up my charts, but there was 3 short opportunities within a longer term trend that is bullish. We are currently within a flag pattern and I am looking for a Retest equal of a upper trend line that was resistance turned now support but a miss of the flag structure for the start of the move upwards. The blue Box will be my buy zone(1.11700) with effective stop loss to make sure we hold above the trendline. This will be my first entry that is on the chart for my Long Entry. I am then looking for a break of the flag structure and a retest which serves as the second entry point confirming the bullish trend and also activating the flag pole length for Take profit 2 Zone at 1.16700. There will be a third entry zone then at the top trendline of monthly resistance which is looking strong currently to say this is for now TP1 zone at 1.14000. I am looking once again for a breakout and retest to go long a third time all the way up to our top TP zones.
I have a telegram channel which is public where i share all updates on trades etc.
EUR/USD potential With bigger states having their larger companies re close because of a second Corona Virus wave, A good sign for our bears to continue would be breaking that 1.114 marker than finding them selves hungry to reach the 1.110 target.
On the other hand if we do not break that 1.114 support and see a break past 1.120, there is potential the bears fight to bring her back up to 1.125 before laying down the hammer and taking us up to 1.134!
My opinions! Please give me constructive criticism, I am still newer to the game!
EU is at an interesting areaEU head and shoulders from last week is playing out to the downside. I want to see if resistance on the 4H and 8H will maintain and continue to extend their flow lower. If so, I will continue to prioritize sells. If the 4H LH is broken, I will look for new bullish structure to maintain and extend to the upside back towards daily supply. :)
EURUUSD . Bulls Buy Now for 121 pips EURUSD . bulls buy now
TP 1.1353
121 pip "the hard way"
bullish fundamentals imo
bullish channels & oscillators
bullish moving averages
OANDA:EURUSD
dear disclaimer: i saw a hummingbird today. it looked at me, and told me to buy euro. so don't get it mad at me if the chart is wrong. feed a hummingbird. that's advice. buy euro? i dunno.
EUR/USD - Possible Head and shoulders formation.Hey, I am back after weekend with another trade idea, this time looking at the main pair, EUR/USD.
It seems like EU can print us a pretty Head and shoulders formation, I will try to be one step early, and try to short this pair at the resistance area.
This is a trade against the trend so it's kinda risky, but the Head and shoulders formation is a trend changing formation so let's see!
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each Like is very much appreciated! 🙌
If you have any questions, feel free to ask.
Downtrend to continueI ve been posting this earlier...I expect price to drop 476 pips. It should end at the yearly pivot eventually from where it ll decide where it likes to trend next.
But I would target Median price first, 100 percent Fib extension of a previous leg.
Good luck
This is no financial advise