EU's market structure is currently very similar to other setups I'm watching. After a bearish run over the past week, I expect price to slow down as it approaches the key 7-hour demand zone I’ve marked out. Once price sweeps the liquidity at the equal highs (EQHs), I’ll be watching for accumulation on the lower time frames (LTF) before a potential mitigation of...
This week's analysis for EUR/USD (EU) is quite interesting, as there is significant liquidity on both sides of the market. My plan is to wait for a liquidity sweep before considering trade entries. Ideally, I would like to see the price reach my 17-hour demand zone to continue the upward trend. If the price doesn’t immediately reach that point of interest (POI),...
Market Analysis PT2/2 (9th May 2024) EURUSD Analysis On the 4 hour Timeframe, price is approaching a structural high created on the 7th of May. During london, I will be actively looking for price to sweep the structural high before a short term down trend into the Bullish 4 hour FVG. Once price does tap into the 4 hour FVG, I will be looking for a 15 minute...
My bias for EUR/USD this week aligns with a potential upside movement, mirroring Scenario (A) in my analysis of GU. While I anticipate eventual selling pressure, there's currently no clean unmitigated supply zone that catches my interest. Instead, I foresee a retracement to the 10-hour demand zone for a potential buy opportunity, aligning with the current upward...
My idea for EU at the moment is for it to push higher in order to take out the trendline liquidity that sits above. I expect price to do a similar move to GU in which I expect a bit more upside left to validate this newly marked out 4 hourly demand. Then I anticipate a pullback within this demand to take out liquidity above and tap into the 12hr supply zone that I...
Looking for price to hit FVG on 15m time frame and continue bullish
Will we see EU complete a W formation? Decent profits if it happens! So lets see. Saw a lot of ideas for sells and this is what i think! Will be entering and setting a tight SL. What do you think?
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. EUR/USD: Day-Swintrade-Preparation Market-Buy: 1,09275 Stop-Loss: 1,08590 Target 1: 1,09920 Target 2: 1,10500 Target 3: 1,11455 Stop-Loss: 68,5 pips Risk: 1-2% Risk-Reward: 3,17 LEAVE A...
Hey tradomaniacs, this is just meant to be a weekly preparation and shows that EUR/USD is currently right at a significant level. If the Key-Resistance-Zone can`t hold and price breaks through trendline we could get a potential BUY-SIGNAL! If the market rejects of the Key-Resistance and Trendline we could get a potential SELL-SIGNAL! LEAVE A LIKE AND A...
Hey tradomaniacs, welcome to another free signal! Important: Potential S/H/S is still a concern but overall the market reacts with an accumulation of volume at a support of high bullish confluence. ECB interes-rate-decision and conference will tell us what happens. :-) ----------------------------- Type: Swingtrade EUR/USD:...
EURUSD Setup- Simple rejection from demand area. Confluence: BRN CRS Entry: Buy @ 1.1000 SL @ 1.0960 TP @ 1.1200 TAYOR Let me know what you guys think