Eurlong
EURUSD getting ready for a LONG ENTRY!We expect a retest in the downtrend before the big rise of the value so pay attention to the operation and if you can, put an alarm in 1.0800 or in a neraby zone to catch the best operation after the retest, what be want from this operation? at least 150 pips, risking a maximum of 40 pips but this is a personal decision so be careful with the spread when the markets opens and good luck with your operations!!
For more analysis and updates of them FOLLOW ME AND GIVE A LIKE to support my effort!
EURJPY. The price of Euro will rise.Hi guys!
3 days ago, the price of the Euro rose sharply.
and reached a key level at around 120.550.
After that, the price fluctuated in range.
At the moment, the price should reach the resistance level there and the target is located at 121.320.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
Will EURUSD pop or drop, long side looking a little better...We're at a crossroads on EURUSD, with recent pops on the pair one of 2 things can happen. A break out higher to 1.14 or a drop back down to the 1.105 level.
We'll make the case for both below:
1. Bull Case: Currently, the daily candle is long and strong with no or very little wick, meaning the buyers are strong on the move. It broke above the previous resistance level at 1.118, we wanted to see a wick form there and a failure below for the bears. What we could see is a move into 1.1235 and a drop retrace to the broken double top and continue up to 1.14. over the past few months price has been in an uptrend without printing a new low, if market structure holds then we will see a new high.
2. Bear case, price fails and forms a strong wick before the day ends and closes below 1.1178 for potential sell entry. You have to watch this on an intraday chart a 4-hour chart to identify the rotations and the long wicks to confirm. Alternatively, price can move up to the next strong resistance at 1.1235 before failing.
EURUSD 1:4 Long SetupLooking at hourly chart of EURUSD, it looks more like a pullback to me. To catch a better risk-to-reward, I have a more conservative buy limit order. You can not find 1:4 risk to reward ratio setup all the time. My winning probability is less than 35%. However, risking very low amount of my capital makes me feel comfortable.
Remember to follow me on TradingView platform.
Disclaimer: This is not a financial or investment advice
Trade safe,
Atilla
EG: Weekly long setupStill no entry yet this week on any trades. On the weekly, you can see a major support zone of 0.85 looking at the longer term timeframes. I feel like from this price that EUR/GBP will push up alot. Multiple 100 pip targets once we score an entry. I think we can break through 0.85, and we can then see some downside movement on pound pairs and then to the upside with plenty of potential. Trades will always be shared with you all live when we take the trade. stay tuned as always.
EU: Daily updateWe are remaining to watch the zone colored green for an entry long on this contract for EUR/USD. We're expecting a downside rejection but until price has reached the lower 1099's we'll be looking for an exact entry. As always stoploss, entry, and targets are provided live when we enter the trade on our end. Stay tuned to our telegram channel for updates. Keep in mind that it's thanksgiving.
EURAUD LongSharing a current trade of mine. The Butterfly, Elliot wave extension and head and shoulder formation give us healthy targets at the 1.634 levels. Likely in subwave one of wave 3.
For those looking to join the action, getting short at 3 might be a good trade. I do not like trading 5th waves so I rarely suggest them.
Happy Trading.