🚀🚀 EUR/USD - SHORTPlease Like, Share & Comment on my post.
I am looking for potential short on EUR/USD
Price has now BOS on the 1hr timeframe and is also creating LH's and LL's, there is a shift in market structure.
78.60% is a key level for entry which resistance at this level.
Happy Trading Traders.
Eur-usd-short
EUR/USD IDEAHello Everyone this is my update on Next week, on the chart we might have a head and shoulder pattern which will help sellers to gain more strength and push market downward,
Other Information you can see on the chart with my possible entries.
NB; Im a Beginner More comments will help me very much. hank you
Benefit from the EUR/USD pair in all casesThe analysis depends on 3 scenarios only, follow the drawing and prices
How to take advantage of this idea:
Penetrating the orange trend line, we enter a buy transaction with the aim of the black trend line
Breaking the black trend line, we will enter a buy deal with a retest, it will be a very excellent deal
Breaking the key area and holding it below it with a full candle will lead to a resounding drop, which is more likely
Our previous analysis of the EUR/USD pair:
The deal is for 3 months, the target: 3150 pips
The result: a successful transaction
EUR/USD is strongly bearish giving lots of selling opportunitiesEUR/USD has been bearish since June 2021 at Monthly structure breakout. Finally price has closed below monthly trend support confirming another selling signal on Monthly TF. Price is most likely to drop at 0.85 zone before December 2022. Please remember this is Monthly TF so you must be very cautious about your SL. (above trend support).
Rise in EURUSD is more likely It's still more likely to see a move up to 1,1200.
We're not looking to buy right now but instead, we will look for selling opportunities above the 1,1200 level.
That's why we're constantly monitoring this pair and waiting for the right moment.
Like we said on Friday, in case of a strong USD we will trade EURUSD and GBPUSD and if we have a weak USD, then we prefer to trade AUDUSD and NZDUSD.
EUR/USD Sell Stop potential Daily: Ascending Wedge pattern, Ranging up between the Daily Swing High and Low.
4H: Pushing down past the 4H CHoC, Retested the structure and continued moving down. Not currently mad a Lower High and retest.
1H, We have had an 1H BoS, price currently broken 1H CHoC, LL formed, waiting for LH to form, Bearish candle to enter trade to the downside, aiming for previous structure level for profits. 1.098827- 1.09702 Target Area.
Sell Stop Order: 1.10282. 2.86,R potential. 20 pip stop-loss,
10,000 Units, 1:1 Leverage.
EURUSD we shorting 👊↘️We have POW reversal strategy in use here for this trade.
Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Previous trades can be seen on chart also.
This strategy is designed to take small pips out the market.
Trade is in draw down at time of writing but we stick to the back tested proven strategy.
As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency.
The report box tabs when pressed it shows all you need to know about the strategy performance.
You as the viewer of this idea can also do that so go ahead and have a play.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
EUR/USD Analysis - Federal Reserve & Interest Rates - SELLAhead of this week's Federal Reserve interest rate decision.
We look at why the markets are turning hawkish on their expectations for the U.S Central bank to raise rates to deal with the high inflation.
We look at why this will cause EUR/USD to continue its downtrend when we look at U.S Bond Rates relative to European Bond Rates and how the differential drives the direction of the currency pair.
EUR/USD Next Move!Hello Traders
Overall Trend for EUR/USD is bearish but as a corrective wave it's moving inside of a ascending channel.
We believe to see another wave upward but we should consider drop possibility too.
So wait for breakout or breakdown to execute a position.
Thanks for Reading
Team Fortuna
-RC
EURUSD DAILY ANALYSISPrice is looking retesting previous low. Anticipating a move to the upside after retest at 1.16600 to 1.16200 level. If breakout is downwards could consider a double top move towards previous support at 1.11700 level. Please note we are just sharing our thoughts and we encourage anyone to do their own analisys before entering a trade!
If you find this idea useful, please share your feedback with us! Good luck and trade safe!
EURUSD bearish momentum | 25th Aug 2021Price is holding below the 200period MA and below the descending trendline resistance showing a bearish momentum continuation. Price is expected to push down to up to the 1st Support in line with the 61.8% and 78.6% Fibonacci extension . This bearish bias is further supported by the stochastic indicator, K% line is bounced away from the resistance level and is expected to ride downwards. Otherwise, price might bounce up towards the resistance level in line with the 38.2% Fibonacci retracement and 61.8% Fibonacci extension .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
EURUSD facing bullish pressure | 26th July 2021Price is under a descending trend line and is expected to rise and reverse at 1.180 which is in line with the 61.8% Fibonacci retracement as well as the 161.8% Fibonacci extension level. We can expect the price to take support at 1.17525 which is in line with horizontal swing low support as well as 61.8 % Fibonacci extension. Our bearish bias is further reinforced by how price is holding below the Ichimoku cloud.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.